Community Ventures (CV) is an innovative economic development initiative that promotes employment and social enterprise in the state’s most distressed urban areas.
Coordinated by the Talent Investment Agency (TIA), this initiative helps structurally unemployed individuals pursue career opportunities at Michigan companies in Detroit, Flint, Saginaw and Pontiac.
Michigan’s CV initiative empowers talent and creates safer and vibrant communities. Success is based on:
- Working with start-ups, expansions and incubated growth
- DNA of innovation and reinvention
- "Matchmaking" expertise connecting businesses with opportunities
- Regional partnerships and business support networks
Detroit Chassis, which makes chassis for recreational vehicles, is experiencing tremendous growth and successfully turned to Community Ventures for their talent needs.
This initiative will meet a number of critical needs:
- Provide real jobs for people with very few employment options
- Address key barriers for employment
- Provide a venue for additional services to prepare people for success – such as mentoring, literacy support and financial literacy assistance
- Help people improve professionally and develop an employment history
- Provide safer communities
Community Ventures Achieves its goal through:
- Employer grants – usually in the form of wage reimbursements for employers to cover in-house training and costs related to hiring CV participants
- Wrap-around services – assist with job retention and removal of barriers to employment (e.g., job coaching, transportation, etc.)
- Career pathways – employer-tailored career support for CV participants (e.g., literacy support, GED, certification, training, etc.)
- Business supports – services and supports for businesses and social enterprises to improve employee engagement and productivity
Major components of the CV effort are partnerships with large urban organizations and their purchasing functions to identify opportunities for local suppliers. For instance, if a Detroit hospital is willing to have laundry services done locally these business services could help support or launch companies providing jobs to poverty stricken populations. If you are interested in participating as an employer or a community-based partner organization please register with Community Ventures.
Community Ventures will adopt the best ideas and systems from the private sector to launch innovative local ventures that transform communities and provide real jobs for low income people. Through leveraging public and private resources and coordinating efforts among partners this program will stabilize neighborhoods, reduce crime and provide a path out of poverty for those who have endured hard times for too long.
ERNs are private/public partnerships that improve talent retention and engagement through employee support and training.