Funding follows form, and form follows function when building sustainable career pathways. The partnerships you built in sections 4 and 5 of this guide are the basis for the foundational structure that undergirds all successful career pathways: the sector partnership. Sector partnerships allow for access to different types of workforce development funding from the department of labor.
Use this section of the U.S. Department of Labor’s Career Pathways Toolkit to assess your program costs, funding needs, and identify potential funding sources.
Funding Career Pathways and Career Pathway Bridges: A Federal Policy Toolkit for States.
While sector partnerships are the gold standard of career pathways partnership structures, multiple cross sector partnerships can still qualify your work for federal funding. Braided funding streams taps into existing categorical funding streams and uses them to support unified initiatives in as flexible and integrated a manner as possible.
As you revisit the partners with fundraising or resource contribution roles, keep in mind the four main categories for which you will need funding: Operations, wrap-around services, employer training/equipment and equity and inclusion training for employers.