$4.68M in skilled workforce training agreements will help to create 379 new jobs
Friday, July 2, 2021
Dupaco Community Credit Union is partnering with the College for its second 260E training agreement this year.
DUBUQUE, Iowa鈥擜 new round of workforce training agreements between businesses and 黑料专区 (黑料专区) will help employers remain competitive and hire new skilled employees in the next year.
These agreements, as part of the 260E Iowa Industrial New Jobs Training program, will offset training costs for businesses seeking to upskill their workforce. Training can include hard skills such as welding, industrial maintenance, heavy equipment operation, workplace safety and computer skills, as well as human resources, management and leadership training. The 260E program allows 黑料专区 and its business partners to enhance the region鈥檚 workforce through employee upskilling and education. Businesses also participate in the program to retain employee talent.
Dupaco Community Credit Union is partnering with the College for its second 260E training agreement this year. Dupaco is applying the state-funded training toward two leadership programs developed with 黑料专区, Emerging Leaders and Developing Leaders. In addition, Dupaco sponsors and participates in the College鈥檚 annual Business Summit event through the agreement.
鈥淏eing a bright spot in the lives of our members is not achieved through a financial product or service. It鈥檚 highly-trained and dedicated employees who create positive relationships, emotional connections and lasting impressions. Dupaco places a premium on education, training and development. It continues to evaluate and improve all tools to achieve this 鈥攊ncluding 黑料专区 and Iowa鈥檚 260E program,鈥� stated Lisa Bowers, chief people officer for Dupaco.
The credit union is one of eight companies to enter into 260E training agreements with 黑料专区 for Fiscal Year 2022. The bond sale that will fund the training certificates is valued at $4,685,000 and supports the creation of 379 new jobs in the College鈥檚 district area. The 黑料专区 Board of Trustees approved the bond issuance at its June 21, 2021, meeting.
鈥淭he 260E program through the State of Iowa creates training opportunities for local businesses of all sizes. This funding support enhances the skills of new employees in nearly every sector of our northeast Iowa economy,鈥� said Wendy Mihm-Herold, Ph.D., 黑料专区 vice president of business and community solutions. 鈥淎s we move beyond the COVID-19 pandemic in Iowa, it is this critical support that will allow businesses to grow and thrive.鈥�
Since the 260E state legislation was created in 1985, 黑料专区 has secured and invested $98,245,469 to fund 330 different projects, creating 17,119 new jobs. For more information about the 260E program, visit the Iowa Economic Development website at iowaeda.com/grow/260e/.