CNM Awarded $2.9 Million Grant to Create IT Apprenticeships

Sept. 10, 2015 -- The U.S. Department of Labor announced on Wednesday that it is awarding CNM with a $2,999,553 grant as part of its $175 million American Apprenticeship Grants.
September 10, 2015

Hands-on apprenticeships are proven to be very successful pathways to high-quality, middle-class jobs. “In fact, 87 percent of apprentices are employed after completing their programs, with an average starting wage of $50,000. The return on investment for employers is also impressive – studies from around the globe suggest that for every dollar spent on apprenticeship, employers get an average of $1.47 back in increased productivity, reduced waste and greater front-line innovation,” the U.S. Department of Labor said in its news release.

CNM’s grant funding will be used to establish the New Mexico Information Technology Apprenticeship Program, which will provide information technology apprenticeship pathways in central New Mexico. It will be designed in a way that will make it scalable for the entire state. One of the goals is to create 300 new IT apprenticeships in central New Mexico over the next five years.

CNM’s key partners in this effort are the State of New Mexico, the City of Albuquerque, Presbyterian Healthcare Services, Innovate+Educate/Talent ABQ, New Mexico Workforce Connection, New Mexico Technology Council and SUN PATH.

The goal for the American Apprenticeship Grants is to help train and employ more than 34,000 new apprentices in high-growth and high-tech industries such as IT, healthcare, advanced manufacturing, construction, transportation and energy in the next five years, according to the DOL news release.

View the DOL news release.