Manufacturing Innovation Fund to grow manufacturing jobs
HARTFORD, Conn. – Gov. Dannel P. Malloy announced a new workforce development initiative through the Manufacturing Innovation Fund that provides on-the-job training, classroom instruction and apprenticeships in the manufacturing industry.
The Manufacturing Innovation Fund Apprenticeship Program will provide wage subsidies and tuition reimbursements to eligible companies in order to increase the number of apprentices in Connecticut and ensure a talented, skilled workforce for the future.
“Connecticut manufacturing requires modern skills and we’re providing modern training. Our focus can’t just be about luring new businesses – it also has to ensure that when businesses come to Connecticut, they have a talent pool to fill their needs,” Malloy said. “This program will help residents find new jobs, provide employers with a new pool of workers, and align education and training with the needs of manufacturers. The training is all part of a comprehensive strategy to grow jobs, and it will no doubt bolster our already robust manufacturing industry.”
Registered apprenticeships, which combine a structured work schedule with related classroom instruction, are a premier way to develop future precision manufacturing workers. Apprenticeships in manufacturing usually last up to four years and require 2,000 hours of on-the-job learning and 144 hours of classroom training per year.
The new program is competency based, meaning individuals will earn portable credentials as they gain experience in the classroom and on the factory floor. This approach makes the program more valuable to both the apprentice and the host company.