U.S. Earmarks $55 Million for Green Job Grants

Nov 21 2009 | 7:37am ET

U.S. Secretary of Labor Hilda L. Solis has announced green job grants worth $55 million to help workers find jobs in expanding green industries and related occupations.

“It’s an investment that will help American workers do well while doing good,” said Solis. “These grants provide an immediate return, and they are part of a larger green initiative that will help lead to increased job placements and promote economic growth.”

The two categories of grant awards announced today are: State Labor Market Information Improvement Grants (totaling $48.8 million) and Green Capacity Building Grants (totaling $5.8 million). Both will be administered by the U.S. Department of Labor’s Employment and Training Administration.

The grants are part of a larger American Recovery and Reinvestment Act initiative – totaling $500 million – for green jobs training grants designed to promote economic growth. The Department of Labor expects to release funding for an additional three green grant award categories over the next several months.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note