New-Tech and the Binghampton Development Corporation (BDC) are jointly seeking funding to create a job training program which will employ a mentor coach alongside workers on a New-Tech manufacturing line. The BDC has a track of record of successfully training employable workers through its job training program.
In the model being proposed, an investment of $45,000 to the BDC, combined with New-Tech’s contribution of $244,000, creates a work cell that graduates a new class every six months. The program objective is to recruit, train and deploy workers that might not otherwise be productive and to help train them to earn a living wage. Of the 48 jobs created in the first three years of this initiative, we estimate that 68% will earn a living wage.
Total direct wages of over $1.6 million will create a positive impact upon the Binghampton community!