Governor Polis today signed a bipartisan bill to support workforce development in Colorado. HB24-1365, sponsored by Representative Meghan Lukens, and Senator Jeff Bridges would help communities address workforce shortages and create connections for Coloradans seeking high-paying, skilled careers.
“Over the years, Opportunity Now grants have sparked job growth and supported rural and mountain communities like in Northwestern Colorado,” said Rep. Meghan Lukens, D-Steamboat Springs. “As we build new roads, bridges, businesses, and affordable housing – the demand for highly-skilled construction only increases. This bipartisan law outlines the final round of grant funding while addressing the need in the construction and building trades as they strengthen our communities. Our new law will save Coloradans money as they pursue good-paying jobs in the construction industry and fill critical workforce shortages.”
“Opportunity is a core Colorado value, and every Coloradan should have the opportunity to earn a good life,” said Senator Jeff Bridges, D-Arapahoe County. “That opportunity often starts with a good education, one that’s aligned with good-paying jobs in a person’s community. Making sure what schools teach matches what businesses need is exactly what the Opportunity Now grant does, leading to better wages for workers, a well-trained workforce for our employers, and a stronger Colorado economy for everyone.”
HB24-1365, also sponsored by Representative Matt Soper, R-Delta, and Senator Perry Will, R-New Castle, supports the fourth and final round of the successful Opportunity Now Colorado grants. The goal of this law is to connect more Coloradans with in-demand, high-wage careers, specifically in the construction, infrastructure and building trades.
This law also creates the Regional Talent Summit Grant Program that connects Coloradans to in-demand careers in their communities and offers a workforce shortage tax credit to upgrade training facilities and equipment. By leveraging federal investments outlined in the Infrastructure Investment and Jobs Act, CHIPS and Science Act, and others, it provides the opportunity to train workers in new, emerging fields.
The Opportunity Now grant program has awarded $27 million to 46 grantees representing 145 businesses and 78 education partners in 38 different industries.