EDC-VC and its Small Business Development Center will provide business assistance and workforce training to 12 area businesses, primarily manufacturers, and more than 250 employees by June 30, 2013. Funding will be used to help upgrade and re-train employees, and will concentrate on enhancing operational efficiencies and implementing lean operations so businesses are more productive and competitive.
“ETP is a major economic development resource, a premier program for business retention and growth,” said Bruce Stenslie, president/CEO of EDC-VC. “Through ETP funding, we are able to reach out to more businesses and give them a needed boost to move their business forward and, ultimately, enable them to hire more employees.”
Businesses interested in workforce training are encouraged to contact EDC-VC at 805-384-1800 or firstname.lastname@example.org.
ETP is funded by a small set-aside of the unemployment insurance tax paid by California employers. The fund’s primary purpose is to help employers facing out-of-state and foreign competition to be more competitive. EDC-VC previously received ETP funding for its Global Entrepreneur Training in Trade program (“GET Trade”) that helped businesses access international trade opportunities.
EDC-VC is a private, nonprofit organization that serves as a business-to-