Establishes a strategic investment in workforce development program within the New York State Urban Development Corporation.

This bill amends the New York State Urban Development Corporation Act to create a strategic investment in workforce development program. The program aims to identify and address workforce needs across the state. It collaborates with various state departments to support eligible applicants, including employers, labor organizations, not-for-profits, and educational entities. Funds can be used for training and skill development, with at least 20% allocated to support small businesses and minority- and women-owned enterprises.

Establishes a strategic investment in workforce development program within the New York State Urban Development Corporation.

This bill amends the New York State Urban Development Corporation Act to create a strategic investment in workforce development program. The program aims to identify and address workforce needs across the state. It collaborates with various state departments to support eligible applicants, including employers, labor organizations, not-for-profits, and educational entities. Funds can be used for training and skill development, with at least 20% allocated to support small businesses and minority- and women-owned enterprises.