Applications will be accepted through May 5 for grants promoting registered apprenticeship opportunities in Colorado.

Apprenticeship Colorado at the Colorado Department of Labor and Employment Office of the Future of Work seeks applications from employers and sponsors interested in developing apprenticeship programs.

Awards will range up to $50,000 and prioritize projects that embed diversity, equity, inclusion and accessibility in apprenticeships. Funds for the awards come from the Innovation, Diversity, Equity in Apprenticeship grant the U.S. Department of Labor awarded to the Colorado Department of Labor and Employment.

“Apprenticeships are critical to ensuring that Colorado’s businesses and workers are equipped with the talent and skills needed to thrive and modernize,” said Denise Miller, director of Apprenticeship Colorado. “By building a registered apprenticeship system across the state that reflects the diversity of our work force, we can help meet the needs of Colorado’s evolving economy.”

These grants will constitute the first funding opportunity available under the State Apprenticeship Agency. Grantees will benefit from the support of the Apprenticeship Colorado team and participate in a group of other employers launching apprenticeship programs.

Research on apprenticeship grantees indicates employers who invest in registered apprenticeship programs have a return on investment of $1.44 of benefits for every dollar spent. Employers report reduced turnover, improved work culture, enhanced co-worker productivity and a pipeline of skilled workers.

Apprenticeships also benefit workers, who are able to earn while they learn. Given that many people can’t afford to quit working to pursue training or education, apprenticeships can also help address inequities in the labor market.

For more information, including funding details and instructions on how to apply, visit the Apprenticeship Colorado website at https://apprenticeship.colorado.gov.