The Economic Development Administration has $3 billion to spend on job training—and manufacturers should start preparing now to attract some of that funding to their regions.

What’s happening: The American Rescue Plan Act, signed into law by President Biden in March, set aside $3 billion for a historic investment by the EDA in bottom-up economic development, according to a recent information session hosted by The Manufacturing Institute, the workforce development and education partner of the NAM.

  • Part of that money includes $500 million for the EDA’s Good Jobs Challenge, which helps fund job-training programs from design and development through implementation.

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Posted in FAME USA