Community Ventures creates 1,000 jobs
Community Ventures is a pilot program in Saginaw, Pontiac, Flint and Detroit designed to bring jobs to the long-term unemployed. During the past year, the program created more than 1,000 jobs, many of them in manufacturing.
The Michigan Economic Development Corporation partnered with government agencies to bring jobs to those cities through the program, which cost the state $10 million. The program focuses on structurally unemployed people who have low income, have been out of work for a long time, or are disabled, have low aptitude or another barrier to employment.
MEDC works with companies that are hiring and encourages them to consider program participants for open positions. So far, 63 companies have hired 1,076 people at an average wage of $11.53 per hour.