Texas Insider Report: AUSTIN Texas Texas Comptroller Susan Combs will award 9 community colleges across the state more than $388000 in grant funds to help finance equipment purchases for new career and technical education programs that support fast-growing industries. The grant money from the Job Building Fund helps Texans attain technical training for careers in high-demand occupations.
I look forward to seeing how this final round of Job Building Fund grants will strengthen vital educational programs across the state" Combs said. The types of in-demand programs receiving funds often face increasing enrollment creating strains for institutions that these grants will help alleviate."
This is the fourth and final round of awards from the $10 million Job Building Fund grant program created by the 2009 Legislature. Combs previously awarded approximately $3.84 million to 22 colleges in June 2010; $3.51 million to 17 colleges in March 2010; and $2.26 million to 13 schools in December 2009.
The nine following community colleges will receive a total of $388067 in funding:
These programs prepare Texans for high-paying in-demand jobs that are vital to the states economy" Combs said. Students are able to augment their earning potential and communities benefit from a better-trained work force."
View more details about the Job Building Fund click here.
Schools that receive Job Building Fund grants must provide matching funds in the form of cash equipment materials supplies and/or personnel costs. The Comptrollers office selected grant recipients based on each projects potential economic return to the state and on endeavors that involve dual-credit programs with local high schools or cooperative arrangements with other colleges.
Priority was given to projects that target high-demand occupations and new or emerging industries.
The Job Building Fund is a component of the Comptrollers $25 million Every Chance Funds program. The program also includes the $5 million Career and Technical Scholarship Fund which allocates money for approved training programs for high‐demand occupations and the $10 million Launchpad Fund which supports and expands existing nonprofit programs with a proven track record of good performance.
For more information about Every Chance Funds click here.
