Economic Growth Projects Monthly Report


October Highlights

A new Workforce Re-Entry Training program received an approved funding agreement for up to $350,000 from the Jobs and Economic Opportunities Trust Fund (Penny for Pasco).  This program, administered by CareerSource Pasco Hernando, is aimed to get adult, unemployed or underemployed residents back to work.  During the first year, this program is expected to have a minimum of 50 resident participants who will have the opportunity to achieve technical skill proficiency, build a resume and receive on-the-job training with Pasco County employers to get back into the workforce.

The Board of County Commissioners agreed to modify and extend the existing Pasco Economic Development Council (Pasco EDC) agreement funded through the Jobs and Economic Opportunities Trust Fund (Penny for Pasco). The new Agreement will run through FY2021 at a cost of $2,028,000. The Pasco EDC will continue its work on established programs including Entrepreneur and Business Incubation/Education (SMARTstart), Microloan Funds, International FDI and Trade, and the Ready Sites. Additionally, the PEDC will initiate the Pasco Pipeline 3-Year Pilot Program which is designed to bridge the workforce gap between employers and potential employees. This new program will establish a dedicated central resource talent pipeline website using multiple data collection platforms designed to match corporate and industry needs to Pasco residents requiring new workforce skills and training.