Michigan governor unveils $100 million “Marshall Plan for Talent”
Thursday, March 01, 2018
Investments in STEM education, apprenticeship programs, and tech-focused tuition assistance are among a handful of proposals included in the “Marshall Plan for Talent” last Thursday. The plan includes $100 million in talent investments and utilizes a three-pronged approach to training by addressing K-12 education, higher education and the state’s existing workforce. The funds would come from savings due to a state bond refinancing, according to the governor.
Of the $100 million proposed in the plan, approximately $50 million would go toward certificate programs and new equipment for schools and universities, $25 million would support student scholarships, $20 million would fund career exploration programs, and $5 million would help address a shortage in teachers in high-demand career fields, according to Crain’s Detroit Business. Announced last week, these funds are on top of the new investments in workforce development announced in the governor’s proposed budgetearlier this month.
Category: Workforce Attraction