Surabhi Jain’s Post

The Funder Collaborative is interested in supporting organizations that want to address deep rooted systemic workforce development problems. You could be an org in #gta trying to test a new hiring model that encourages more people of colour being hired and retained or an org addressing job quality issues for betting working conditions etc. The Funder Collaborative will select: -Up to 10 organizations through a 6 to 12-month planning grant. Applicants can request up to $50,000 for planning grants. -Up to 4 organizations through a up to 3 year implementation grant. Applicants can request up to $250,000 for implementation grants. Link in the comment below. #systemicchange #workforcedevelopment

Workforce Connect Fund: Round 2 EOI applications now open! What is it? The Workforce Connect Fund is an initiative designed to increase investment in industry and community-led projects that address attraction, retention and participation issues within the workforce. What is funded? The Workforce Connect Fund provides grants for large, scalable projects delivered by industry peak bodies and community peak organisations to connect, develop and implement new and innovative strategies, services and/or mechanisms that support the attraction and retention of employees now and into the future. 👉 Organisations proposing large-scale projects can apply for funding of up to $1 million each, with each project to be delivered over a maximum 24-month term. 👉 The Fund also provides funding to small businesses with an immediate need for new and innovative human resources (HR) solutions to support their business. Up to $5,000 is available for HR support and advice (subject to funding availability). Learn more via the link -> https://loom.ly/ZsKtp0Q

**Early bird pricing ends August 21** It’s important to develop an enterprise mindset when the family faces the complexity that comes with owning multiple businesses, properties, investments, and/or philanthropies.  Join Sara Hamilton and Margaret Vaughan Cox for the Building an Enduring Enterprise Family Workshop in Chicago, IL, September 18-20. This workshop offers a roadmap for owners who want to build an enduring Enterprise that is bigger than a single business. Day 1: The Family Journey Explore 15 milestones and generate a shared understanding of the benefits of aligning family interests and goals.   Day 2: The Enterprise Journey Introduces 18 milestones that lead to a shared vision for the future enterprise and the actions needed to implement.   Day 3: The Personal Journey For next generation family members searching for their role in the family and the enterprise.   Click here to learn more and register: https://lnkd.in/gWH7xz_s

How can we best approach workforce planning, to ensure we are making the most of our money and fit for the future? In this blog, Tara shares some principles to aid strategic workforce planning, so your primary care network and system better understand the investment required, over and above the #ARRS funding. We guide you through: ➡️ Understanding current workforce expenditure.  ➡️ Forecasting a range of percentage increases over a three-year period. ➡️ Appraising where additional investment could be obtained from, and ➡️ Assigning basic evaluation criteria to assess suitability, feasibility, sustainability and risks. ➡️ Building a business case which caters for multiple perspectives and outlines all options. Read more here: https://lnkd.in/e7Crjn_S #primarycare #PCN

#ESOP or #employeeownership is ofter overlooked or misunderstood. If you want to share your legacy with your employees - Let's chat!

Shape the Destiny of Your Business! Dive deeper into our Workshop Series with the next session: "Pathway to Succession: Mastering Transitions & Decisions." 📅 When: Tuesday, November 14 🕗 Time: 8:00-9:00 am (light breakfast provided) 📍 Where: Venture North (Everest Boardroom) 🎙️ Speaker: Nicole Truman from Fox Law 👇 Why Attend? - Understand the importance of early succession planning. - Strategically decide on your role as you approach retirement. - Navigate the transition: family, employee, competitor, or closure. - Smoothly manage employee transitions and introduce new owners. - Delve into the importance of shareholder agreements and effective decision-making. 🔗 Register Now: https://lnkd.in/gMCM9pbq Hosted by: Community Futures Peterborough and BDC Community Futures Peterborough is proud to be funded by Federal Economic Development Agency for Southern Ontario | Agence fédérale de ... #BDC #BusinessSuccession #FamilyGovernance

Completely agree with all of this, and will be working on a similar infographic for investment and support levels through COGC. For 6 years the FWDF worked well to support businesses, upskill employees and provide incredible boosts to productivity, staff retention, business resiliency and many other metrics. By any measure - including the Scottish Government’s own review in January 2023 - the FWDF was a success. My own thoughts on this are that the decision to remove funding for 2023/24 and 2024/25 - while the Apprenticeship Levy is still being collected by HMRC and the Scottish Government are still receiving their share in funding allocations from the UK Government - is extremely disappointing. I understand that we’re in a challenging time for budgets all across the board but a better trained workforce gives us better performing businesses, which gives us a boost to the economy which, at the end of the day, means more money collected by government and so more money for budgets. At COGC our focus is, as always, on our stakeholders and the relationships we have built. We are still here to help with upskilling and reskilling needs and will do whatever we can to help now and in the future.

Monday morning push to get the word out to my Livingston business folks! Are you aware of the grants that are available via Business Services at Michigan Works! SOUTHEAST? To make the most of grant money for workforce development, it's essential for companies to identify their specific needs and goals, research available grants, and develop a comprehensive plan that outlines how the funds will be utilized to benefit both the employees and the organization as a whole. Additionally, companies should ensure they meet all the eligibility criteria and follow the reporting and compliance requirements associated with the grants they apply for. If you would like to know more please reach out for quick touch base so I can see if we can help your workforce development needs!

💼 Interesting insight: Preparing for a business transition is an urgent imperative for Baby Boomers, as it impacts personal wealth, family, and the future of stakeholders. 💡 Insights: - Transitioning a business requires significant focus, action, time, and money. - Failure to provide for business continuity affects employees, vendors, customers, charities, and communities. - Without a successful transition, the alternative is a business shutdown, causing job losses and suffering for families and communities. - To successfully transition, a business owner must address maximizing business value, preparing financially for a lifestyle without business income, and planning for their next act. - Common hurdles include insufficient time, unplanned disruptions, unpreparedness for sale or succession. 🗒️ My thoughts: Transition planning is crucial for business owners to ensure a smooth process and maximize net proceeds. Insufficient time and unplanned events can negatively impact the outcome. Owners should also consider the readiness of their business for sale or succession. ❓ Question: How do you plan for a successful business transition and ensure a smooth process for all stakeholders involved? Share your thoughts and experiences! #BusinessTransition #SuccessionPlanning #FinancialFuture https://lnkd.in/gYPgrKeS

Are you a business owner? If so, consider creating a business transition strategy. Business owners often put off this task simply because of the amount of focus, action, time, and money involved. However, a business's succession strategy—or lack of one- impacts many people. Business transitions affect personal wealth, families, employees, vendors, customers, charities, and communities. How can you prepare to transition out of your business? Here are a few tips: ◾ Find a holistic approach that works for you and your business. ◾ Address your personal, business, and financial goals. ◾ Give yourself enough time to strategically and thoughtfully make decisions. ◾ Small business owners especially don't often consider the option of selling their business. Having a strategy for selling in your back pocket may reduce some stress involved. Source: https://lnkd.in/gqdAx8Wn