Economic Development Grant Report, Fiscal Year 1986 [electronic resource]

A profile is provided of Illinois community college business centers and the activities they conducted under the fiscal year 1986 $3.5 million economic development grant allocation. First, highlights of the year's accomplishments are presented, including: (1) community colleges provided trainin...

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Bibliographic Details
Online Access: Full Text (via ERIC)
Corporate Author: Illinois Community College Board
Format: Electronic eBook
Language:English
Published: [S.l.] : Distributed by ERIC Clearinghouse, 1986.
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Description
Summary:A profile is provided of Illinois community college business centers and the activities they conducted under the fiscal year 1986 $3.5 million economic development grant allocation. First, highlights of the year's accomplishments are presented, including: (1) community colleges provided training for 852 companies through 1,400 courses, serving 29,000 employees which contributed to the creation and retention of 6,500 jobs; (2) over 34,500 potential and existing business people were served through entrepreneurship training and services which helped create and retain nearly 3,900 jobs; and (3) nearly 2,900 businesses were provided assistance in seeking federal contracts, yielding $39 million in funding. Next, background information is presented with respect to the Illinois community colleges' involvement in economic development. Subsequent sections are devoted to economic development grant use by activity; jobs created and retained with the assistance of community college economic development activities; economic development grant use by budget categories; and other funds budgeted for business center/economic development activities. Finally, the primary economic development grant activities conducted by the community colleges are discussed and results are summarized in terms of the retention and creation of jobs. The activities considered are industrial attraction, retention, and expansion; customized job training; entrepreneurship training for business owners and operators; contract procurement assistance; small business incubators; and employment, training and job search services for unemployed or underemployed persons. Tables providing statistical data related to the economic development grant activities are appended. (LAL)
Item Description:ERIC Document Number: ED275361.
Sponsoring Agency: Illinois State Dept. of Commerce and Community Affairs, Springfield.
Physical Description:19 p.