New York invests $5 million for its tech training fund to advance its tech economy

Posted on Posted in 2017 Business Opportunities For You, What's Trending Now


New York’s authorities want the state’s residents to benefit from its ongoing transformation into a high-tech locale. Their new Tech Training Fund could be the key to make that happen.


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Governor Andrew M. Cuomo has announced that the Empire State is investing $5 million in technology with its Tech Training Fund. The first fund of its kind, the new initiative will award up to $5 million to tech training providers seeking to educate New Yorkers for various jobs in the tech industry.
Governor Cuomo and his team will soon start accepting proposals from interested providers, and the ones chosen are expected to conjure up novel training and education solutions. The campaign’s aim is to make sure New Yorkers are ready and qualified for various current and future tech jobs across the state.
Governor Cuomo said in a statement:

“The New York Tech Training Fund and Tech Workforce Task Force will engage industry and academic leaders to help prepare New Yorkers for jobs in the ever-growing tech field and guarantee that New York remains at the forefront of the innovation economy. The strength of our economy depends on the strength of our workers, and by ensuring that our workforce is equipped with the skills and opportunities to succeed, we are building a stronger, more prosperous state for generations to come.”

In addition, Cuomo will meet with local leaders in April to discuss how they can better prepare everyone, from K-12 students to older employees, for more tech-oriented opportunities. You’ll be able to access the official Request for Proposals on the New York State’s website (the page doesn’t lead to anything at the moment) on March 13th.


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