Future Ready Oregon Year One Report Highlight
Future Ready Oregon Prosperity 10,000 Program
Last week we shared about the Future Ready Oregon Investment in Postsecondary Career Pathways. This week we are highlighting another program within the Future Ready Oregon Year One Report - Prosperity 10,000.
Senate Bill 1545 (2022) provides $35 million in Prosperity 10,000 funds to local workforce development boards to expand opportunities for Oregonians to jumpstart and advance their careers in high-demand industries and occupations that put them on a pathway to self-sufficiency. The Prosperity 10,000 Program was designed to provide a series of workforce development opportunities and supports especially for priority populations through Oregon’s nine local workforce development boards.
These priority populations include the following:
- Communities of color
- Women
- Low-income communities
- Rural and frontier communities
- Veterans
- Persons with disabilities
- Incarcerated and formerly incarcerated individuals
- Members of Oregon’s nine federally recognized Indian tribes
- Individuals who disproportionately experience discrimination in employment based on age
- Individuals who identify as members of the LGBTQ+ community.
Specifically, these workforce development opportunities aim to improve the capacity and responsiveness of the public workforce system in Oregon by helping job seekers navigate workforce development programs, expanding access to community-based career counseling and wraparound supports and services, and providing opportunities to earn industry-recognized certificates, credentials, and degrees through work-based learning experiences.
The Prosperity 10,000 Program was the first of the eight Future Ready Oregon programs to allocate funding. Oregon’s nine local workforce development boards received their first allocation of $15 million in General Funds based on a formula funding model in May 2022 and will receive their second and final allocation of $20 million in ARPA funding in early 2023.
Each of the nine local workforce development boards (LWDBs) took a different approach to investing the first round of Future Ready Oregon funding in workforce development opportunities, aimed especially to advance opportunities for the ten priority populations defined in Senate Bill 1545 (2022), and listed above.
The difference in implementation across the state reflects the varied regional needs, strategies, and challenges, which the LWDBs are uniquely positioned to address.
- For more information about Future Ready Oregon Prosperity 10,000 grant-funded activities undertaken by the LWDBs, click here to view a short video.
- To learn more about the Oregon Workforce Partnership, comprised of the nine local workforce development boards in Oregon, click here.
- For more information about early implementation of the Future Ready Oregon Prosperity 10,000 Program see the Future Ready Oregon Year One Report.
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