Page 30 - WDI 2020 Annual Impact Report

WDI By The Numbers
Last year WDI approved/launched 231 projects via the WDI Interactive Grants Program at an estimated cost of $2.7 million. This $2.7 million leveraged an additional $7.8 million of other funds; WDI funding therefore represented roughly 25% of total project costs. In addition, we supported 69 projects/events via sponsorships at a cost of $137,000. Details on both types of funded projects are below. Note that the total number and dollars allocated to projects was a slight decrease from prior years, which resulted from the COVID-19 NYS Pause.
Grant Program
SOURCE OF FUNDING
All applicants are required to provide details on the total cost of a project, including their own in-kind, wages, and other sources. Last year WDI costs as a % of total project costs was 25%.
SECTORS SERVED
Manufacturing
Education
Social Assistance
Construction
Utilities/Energy
Professional and Business Services
Health Retail/Wholesale
Transportation/ Warehousing
Agriculture, Forestry, Fishing, and Hunting
Arts, Entertainment, and Recreation
Government
Accommodation and Food Services, Information, Mining, Quarrying, Oil/Gas
WDI Approved Funding via Grants Program
In-Kind Funding from Grantee In-Kind Wages
(Grantee staff time spent in training/on project)
Other Grants/Sources
Total Project Costs
WDI Costs as a % of Total Costs
TYPES OF PROJECTS FUNDED
Although the majority of projects are training- related, job impacts can result through a variety
$ (in 000’s)
$2,665 $5,827
$918 $1,099
$10,509
25%
of mechanisms.
Training Program Equipment/Other Purchase Other*
Combination
# Projects
115 54 45 17
% of Total
50% 23% 19%
8%
*Examples include assistance with the development of a strategic plan or marketing plan, product testing before launch, review of plant layout to streamline production processes, etc.
PROJECTS FUNDED BY ORGANIZATION SIZE
Employee Count
0–50 51–100 101–150 151–200 201+
# Projects
115 29 20 10 57
29 WORKFORCE DEVELOPMENT INSTITUTE