Transaction Description:
ETA COMMUNITY PROJECTS PROJECT ABSTRACTRECIPIENT NAME: KENTUCKY CAPITAL DEVELOPMENT CORPORATIONPROJECT TITLE: CAPITAL BRIDGES TO WORKFORCE DEVELOPMENT PROGRAMFUNDING REQUEST: 440,000CONGRESSIONAL SPONSOR: THE HONORABLE ANDY BARRREQUESTED PERIOD OF PERFORMANCE: 18 MONTHS (RECRUITMENT TRAINING APPRENTICESHIP)PROJECT LOCATION: FRANKFORT FRANKLIN CO., KENTUCKYPROJECT PURPOSE AND GOALS:WORKFORCE SHORTAGES EXIST FOR ALMOST EVERY POSITIONWITHIN INFORMATION TECHNOLOGY, AND SPECIFICALLY INCYBERSECURITY. RESEARCH CONTINUES TO HIGHLIGHT THEDESPERATE SHORTAGE OF PEOPLE WHO CAN DESIGN SECURESYSTEMS, WRITE SAFE COMPUTER CODE, AND CREATE THE TOOLSNEEDED TO PREVENT, DETECT, MITIGATE, AND RECONSTITUTE FROMDAMAGE DUE TO SYSTEM FAILURES AND MALICIOUS ACTS.INTERAPT IS COMMITTED TO BRIDGING THE TECH TALENT ANDEQUITY GAP FOR COMMUNITIES THROUGHOUT THE UNITEDSTATES. WITH A FOCUS ON DIVERSITY AND INCLUSION,INTERAPTS PROPOSED WORKFORCE DEVELOPMENT PROGRAMWILL TRAIN LOW-INCOME INDIVIDUALS (PARTICULARLY WOMENAND MINORITIES) FOR CAREERS IN CYBERSECURITY AND ITSECTORS FOR RESIDENTS IN FRANKFORT FRANKLIN COUNTY,KENTUCKY.ACTIVITIES TO BE PERFORMED:INTERAPTS EMPLOYMENT AND TRAINING ADMINISTRATIONRESOURCES WILL SUPPORT THE ROLL-OUT OF AN IMMERSIVE 12-WEEK CYBER SECURITY IT TRAINING PROGRAM. A COHORT OF25-NON-TRADITIONAL STUDENTS WILL RECEIVE IN-DEPTHINSTRUCTION, AT NO COST TO THE STUDENT, IN NETWORKESSENTIALS, SECURITY FUNDAMENTALS, AND TROUBLESHOOTINGFROM INTERAPT (IN PARTNERSHIP WITH GENERAL ASSEMBLY).UPON SUCCESSFUL COMPLETION, PROGRAM GRADUATES WILLRECEIVE 12 COLLEGE CREDITS FROM KENTUCKY STATEUNIVERSITY, AT NO COST TO THE LEARNER. GRADUATES WILL THENENTER INTERAPTS 12-MONTH REGISTERED APPRENTICESHIPPROGRAM AS FULL-TIME EMPLOYEES, EARNING COMPETITIVEWAGES AND BENEFITS, WHILE BENEFITING FROM CONTINUOUSON-THE-JOB-LEARNINGS UNDER A SENIOR CYBERSECURITY ITPROFESSIONAL.EXPECTED OUTCOMES:THE SUCCESS OF AN FRANKFORT SKILLS PROGRAM IS PREDICATEDPRIMARILY ON SKILL ATTAINMENT AND JOB PLACEMENT. THEULTIMATE OBJECTIVE IS THAT PARTICIPANTS GRADUATE WITH THECODING SKILLS THEY NEED TO MAKE THEIR START AS JUNIOR-LEVELTECHNOLOGISTS. WITH THAT IN MIND, SUCCESS METRICS WILL BEGRADUATION RATES AND IMMEDIATE JOB PLACEMENTS.A SUCCESSFUL COHORT WILL HAVE AT LEAST 70 OFPARTICIPATING STUDENTS GRADUATE, AND 85 OF THOSE PLACEDIN ENTRY-LEVEL ROLES. AS PART OF THE LONGER-TERM IMPACTEVALUATION, HOWEVER, IT IS CRITICAL TO ALSO MEASUREWHETHER ALUMNI RETAIN THE JOBS THEY ACQUIRE, CONTINUE TODEVELOP THEIR SKILLS AND CAREERS, AND IMPROVE THEIRQUALITY OF LIFE BOTH OUTSIDE AND INSIDE THEIR WORKENVIRONMENT. EVEN AFTER THE PROGRAM IS COMPLETED,INTERAPT WILL SURVEY ALUMNI ON THEIR CAREER DEVELOPMENT,IN ADDITION TO PROVIDING THEM WITH CONSTANT SUPPORT ANDRESOURCES THROUGH OUR GROWING ALUMNI NETWORK.INTERAPTS EXISTING SUCCESS METRICS (APPRENTICESHIPPROGRAMS LAUNCHED IN LOUISVILLE (KY), FRANKFORT (KY),CHICAGO, IL, AND ATLANTA (GA) REFLECT THE FOLLOWING:INTERAPT SKILLS MAINTAINS A 90 SUCCESSFUL GRADUATIONRATE FOR PARTICIPANTS IN THE PROGRAM.95 OF OUR ALUMNI ACHIEVE JOB PLACEMENT, RESULTING IN A141 INCREASE IN WAGES FOLLOWING THE 12-MONTHAPPRENTICESHIP PATHWAY.26 OF INTERAPT SKILLS ALUMNI ARE PROMOTED BY EMPLOYERPARTNERS WITHIN 12-18 MONTHS FOLLOWING CONVERSION.OVERALL, INTERAPTS ATTRITION RATE IS LESS THAN 4 .CONTINUED IN ATTACHMENT D
