Vermont to get $50,000 for DOL Self-Employment Assistance programs


 

Thu May 24 2012

The US Department of Labor today announced the availability of $35 million in funds to develop, enhance and promote Self-Employment Assistance programs in all 50 states, the District of Columbia, Puerto Rico and the US Virgin Islands. Vermont will get almost $50,000.

In addition, guidance released today clarifies that states may enroll participants who are currently receiving or eligible for federally funded Emergency Unemployment Compensation and Extended Benefits.  

This announcement is the latest in a series of innovative reforms to the Unemployment Insurance program made possible through the Middle Class Tax Relief and Job Creation Act of 2012, which was signed by President Obama in February.

"Self-Employment Assistance has proven to be a valuable tool in helping many unemployed Americans realize the dream of business ownership," said Secretary of Labor Hilda L. Solis. "These grants will help states improve and expand the program while strengthening the economy and creating new jobs as more startups launch and grow."

Participants in these voluntary programs are provided with financial assistance equal to their Unemployment Insurance benefits while they receive important entrepreneurial training and resources to help launch their own businesses. In order to allow participants to devote full-time attention to creating new businesses that have the potential to create additional jobs, state work search requirements are waived.

Grant money can be used by states to implement a new Self-Employment Assistance program or improve the administration of current programs, as well as to promote programs and enroll eligible participants. In order to receive federal funding, states' UI laws must meet the Labor Department's requirements. Five states (Delaware, Maine, New Jersey, New York and Oregon) have active Self-Employment Assistance programs and are eligible now to apply for these grant funds. The other states have until June 30, 2013, to submit complete applications to the department.

The Labor Department will work with interested states to assist them in developing legislation as needed, and to implement Self-Employment Assistance programs. The department also will work with states on outreach strategies to identify potential entrepreneurs who are good candidates to start their own businesses. Additionally, the department is partnering with the Small Business Administration to provide technical assistance to states and to ensure that SBA resources are leveraged as states design Self-Employment Assistance programs.

For more information about Self-Employment Assistance, read the Unemployment Insurance program letter at http://s.dol.gov/S5

Editor's note: A breakdown of the grant funds available follows this news release.

Available Self-Employment Assistance Grants

Purpose

 

State

Agency

Total Available

Establishment

or Improved

Administration

Promotion

and

Enrollment

 

Alabama

Alabama Department of Industrial Relations

$479,840

$411,291

$68,549

 

Alaska

Alaska Department of Labor and Workforce Development

$69,071

$59,204

$9,867

 

Arizona

Arizona Department of Economic Security

 

$711,300

$609,686

$101,614

 

Arkansas

Arkansas Department of Workforce Services

$276,319

$236,845

$39,474

 

California

California Employment Development Department

$5,388,572

$4,618,776

$769,796

 

Colorado

Colorado Department of Labor and Employment

$562,343

$482,008

$80,335

 

Connecticut

Connecticut Department of Labor

$415,008

$355,721

$59,287

 

Delaware

Delaware Department of Labor

 

$80,608

$69,093

$11,515

 

District of Columbia

District of Columbia, Department of Employment Services

$89,317

$76,557

$12,760

 

Florida

Florida Department of Economic Opportunity

$2,400,953

$2,057,960

$342,993

 

Georgia

Georgia Department of Labor

$1,156,906

$991,634

$165,272

 

Hawaii

Hawaii State Unemployment Insurance

$111,120

$95,246

$15,874

 

Idaho

Idaho Department of Labor

$167,546

$143,611

$23,935

 

Illinois

Illinois Department of Employment Security

$1,615,519

$1,384,731

$230,788

 

Indiana

Indiana Department of Workforce Development

$720,577

$617,637

$102,940

 

Iowa

Iowa Workforce Development

$242,970

$208,260

$34,710

 

Kansas

Kansas Department of Labor

$249,408

$213,778

$35,630

 

Kentucky

Kentucky Office of Employment & Training

$488,417

$418,643

$69,774

 

Louisiana

Louisiana Workforce Commission

$376,976

$323,122

$53,854

 

Maine

Maine Department of Labor

$132,233

$113,343

$18,890

 

Maryland

Maryland Department of Labor, Licensing and Regulation

$541,360

$464,023

$77,337

 

Massachusetts

Massachusetts Executive Office of Labor and Workforce Development

$632,631

$542,255

$90,376

 

Michigan

Michigan Department of Licensing and Regulatory Affairs

$1,178,691

$1,010,307

$168,384

 

Minnesota

Minnesota Department of Employment and Economic Development

$471,045

$403,753

$67,292

 

Mississippi

Mississippi Department of Employment Security

$356,732

$305,770

$50,962

 

Missouri

Missouri Department of Labor & Industrial Relations

$638,248

$547,070

$91,178

 

Montana

Montana Department of Labor & Industry

$85,942

$73,665

$12,277

 

Nebraska

Nebraska Department of Labor

$111,006

$95,148

$15,858

 

Nevada

Nevada Department of Employment, Training and Rehabilitation

$465,817

$399,272

$66,545

 

New Hampshire

New Hampshire Employment Security

$100,300

$85,971

$14,329

 

New Jersey

New Jersey Department of Labor & Workforce Development

$1,070,511

$917,581

$152,930

 

New Mexico

New Mexico Department of Workforce Solutions

$173,222

$148,476

$24,746

 

New York

New York State Department of Labor

$1,978,999

$1,696,285

$282,714

 

North Carolina

North Carolina Department of Commerce

$1,228,623

$1,053,105

$175,518

 

North Dakota

Job Service North Dakota

$33,347

$28,583

$4,764

 

Ohio

Ohio Department of Job and Family Services

$1,238,931

$1,061,941

$176,990

 

Oklahoma

Oklahoma Employment Security Commission

$274,350

$235,157

$39,193

 

Oregon

Oregon Employment Department

$468,830

$401,854

$66,976

 

Pennsylvania

Pennsylvania Department of Labor & Industry

$1,273,656

$1,091,705

$181,951

 

Puerto Rico

Puerto Rico Labor Department Administration

$504,523

$432,448

$72,075

 

Rhode Island

Rhode Island Department of Labor and Training

$159,734

$136,915

$22,819

 

South Carolina

South Carolina Department of Employment and Workforce

$548,432

$470,085

$78,347

 

South Dakota

South Dakota Department of Labor and Regulation

$51,445

$44,096

$7,349

 

Tennessee

Tennessee Department of Labor and Workforce Development

$709,202

$607,887

$101,315

 

Texas

Texas Workforce Commission

$2,457,874

$2,106,749

$351,125

 

Utah

Utah Department of Workforce Services

$218,841

$187,578

$31,263

 

Vermont

Vermont Department of Labor

$49,329

$42,282

$7,047

 

Virginia

Virginia Employment Commission

$671,010

$575,151

$95,859

 

Virgin Islands

U.S. Virgin Islands Department of Labor

$9,718

$8,330

$1,388

 

Washington

Washington Employment Security Department

$791,014

$678,012

$113,002

 

West Virginia

WorkForce West Virginia

$157,955

$135,390

$22,565

 

Wisconsin

Wisconsin Department of Workforce Development

$568,929

$487,653

$81,276

 

Wyoming

Wyoming Department of Workforce Services

$44,750

$38,357

$6,393

 

Totals

 

$35,000,000

$30,000,000

$5,000,000

 
             

 

WASHINGTON, May 24, 2012 /PRNewswire-USNewswire/ --