The Workforce Development Initiative (WDI) was inaugurated in 2019 with a mission to invest $175 million throughout New York State for innovative, creative, and regionally customized workforce development projects. Awards under this Consolidated Funding Application (CFA) support strategic regional efforts that meet businesses’ short-term workforce needs, address long-term industry needs, improve regional talent pipelines, enhance flexibility and adaptability of local workforce entities, and expand workplace learning opportunities.
About the Consolidated Funding Application
The NYS Consolidated Funding Application (CFA) was developed to streamline and expedite the application process for economic development grants. The CFA process fundamentally shifts the way state resources are allocated, ensuring less bureaucracy, greater efficiency, and more community input in fulfilling local economic development needs.
Similarly, with the WDI CFA serving as the single point of entry for workforce development funding, applicants will no longer have to navigate separately with each of the multiple agencies and authorities that provide funds for this initiative. Instead, potential partners in workforce development will be able to participate in one centralized CFA process to access multiple state funding sources through one application, making the process quicker, easier, and more productive.
About the Regional Economic Development Councils
The ten Regional Economic Development Councils were established in 2011 to develop long-term strategic plans for economic growth for their regions. As part of their mission, each REDC worked with supporting organizations and private sector partners to develop their region’s economic development strategic plan, which includes a plan to address the workforce development needs of the region. The REDCs have redefined the way New York invests in jobs and economic growth through the formation of a community-based, bottom-up approach designed to meet the needs of each region and have established a competitive process for each region to pursue state resources.
Made up of local experts and stakeholders from business, academia, local government, non-governmental organizations, and the New York State Senate and Assembly, the REDCs are public-private partnerships supported by various state agencies serving each region. Many state legislators and local elected officials serve on the REDCs, providing critical information to help form regional strategies, identifying investment priorities, and encouraging participation in the CFA.