TABLE OF CONTENTS
IV. LEVERAGED RESOURCES
What are the match requirements under the grant? Will a high percentage of "leveraged resources" documented in the proposal improve a proposal's competitiveness?
The SGA does not require matching, cost sharing, or other financial contributions from the applicant or any collaborative partners in the proposal nor will proposals be directly evaluated on the basis of leveraged resources. However, leveraging resources is a critical element (critical element number four on page 37951 of the SGA) of Community-Based Job Training Grants. Applicants are encouraged to leverage resources in the context of the strategic partnership because it increases stakeholder investment in the project at all levels and broadens the impact of the project itself. Leveraging may directly affect an applicant's scoring with regard to the 5 bonus points available for applicants that demonstrate integration of WIA training funds into grant activities. Applications that demonstrate integration of WIA training funds, such as customized training funds, Individual Training Accounts (ITA), or piloting Career Advancement Accounts (CAA), to cover the tuition costs for the CBJTG training program for eligible new or incumbent workers will receive five (5) bonus points. To receive bonus points, applicants will have to demonstrate that WIA training funds are a component of their proposed training program. Applicants will receive either five bonus points or zero points.
I understand Career Advancement Accounts are only proposed for the President’s 2007 budget. How can the CAA be piloted if my workforce area does not have them in place?
Applicants that demonstrate the integration of Workforce Investment Act (WIA) training funds to cover the tuition costs for eligible new or incumbent workers in their CBJTG training program will receive 5 bonus points. Examples of WIA expenditures for training include Individual Training Accounts, Customized training funds, and Career Advancement Accounts. Career Advancement Accounts have been proposed in the President’s Fiscal Year 2007 budget; however ETA recognizes that some states may be piloting Career Advancement Accounts in advance of the FY 2007 budget, which is why they are included in the list of programs utilizing WIA training funds. ETA encourages applicants to contact their state to learn if it is considering the pilot of Career Advancement Accounts.
