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-5- <br /> Afl <br /> HERO is Pressed as a method to stimulate economi c growth for the u <br /> 'of creating jobs for disadvantaged P rpose <br /> establishing ersons and dislocated workers. The <br /> ping of a �na11 Business Incubator/Accelerator facility, provides <br /> thpart <br /> tars a incentive for employers who are potential creators of jobs for <br /> 9 Populations. <br /> The presence of the facility, however, is not in itself the factor. which <br /> will induce .small business owners to create employment-opportunities for <br /> Persons with barriers to successful jab performance. <br /> Other incentives, such as training programs designed for the specific <br /> needs of individual employers, wage subsidies and tax credits, are <br /> available through publically funded programs. <br /> In Hennepin County, an abundance of effective programming exists which <br /> can be used to assist developing employers to -create jobs .for the <br /> disadvantaged and the dislocated worker. - <br /> • Resources to assist the employer and the prospective employee include: <br /> federal job training funds from the Jab Training Partnership Act (JTPA) , <br /> state wage subsidy monies from the Minnesota Employment and Economic <br /> Development (xEED) Act, wage subsidies through AFDC <br /> specifically developed training grant diversion, <br /> Centers and other training institutions, and pre-screening of potential <br /> emPlaYsB by professional employment and training staff under contract to <br /> the County. <br /> Although federal and state funds for the above. activities are available I <br /> in lesser amounts than in past years, the County's Employment and <br /> Training system continues to develop new funding sources. Recently <br /> Programs. have been developed through federal and state rants to rovide <br /> re-employment services to workers dislocated from the Control Data <br /> Corporation. . Programs for workers. who have been dislocated, have <br /> recently been implemented in the County. <br /> There has been continuous federal support for em 1 <br /> efforts for several decades. .T� s P o edit and training <br /> to economic conditions and the level of ul rises and declines in relation <br /> in the dollar level of support Plq�nt. These fluctuations <br /> described in this plan can gai n access to d which may initiatives ,used to <br /> increase the employability of the -disadvantaged and the dislocated <br /> worker. <br /> BUSINESS PLAN` HERO 1/15/87:RSA:05 <br />