Workforce Development for Offsite Construction

Momentum Innovation Group (“MIG”) is leading a 3-year DOE-funded project to develop and scale an Offsite construction-specific Workforce Development program - think of it as “Shop Class 2.0”. MIG is working with factories around the country, as well as schools and strategic industry partners, to develop curriculum and career pathways to infuse our workforce pipeline with more young people. Contact us to partner with us or share innovative programs you are aware of.

Financial Training

When discussing career choices it’s important that young people are trained early in the basics of finances. We have partnered with Selah Portfolios and Planning to offer free Financial Training videos to help with better decision making about college, careers and investments.

 
 
 

Intro to Financial Training

1.0 Basics of Budgeting

1.1 Budgeting: How to Start

1.2 Budgeting: Four Walls

1.3 Budgeting: Other Expenses

1.4 Budgeting Example

2.0 Intro to Savings/Investing

2.1 Savings Emergency Funds

2.2 Savings Sinking Funds

2.3 Roth IRA

2.4 Employer Plans

2.5 Non-retirement Plans

2.6 Non-retirement Investing

3.0 Intro to Debt

3.1 Student Loans

3.2 Student Loan Payoff

3.3 Credit Cards

3.4 Credit Card Debt Payoff

Terminology: Aggregating of Spending”

 

Workforce Development Job Matching Platform to be Created for Offsite Construction

Jersey City, NJ: Momentum Innovation Group, LLC was recently chosen as one of 13 project recipients to be funded by the U.S. Department of Energy (“DOE”) to develop an Advanced Workforce for Advanced Technology. Momentum Innovation Group’s proposal, Construction Methodology Transformation for the Benefit of Workforce Development, will focus on developing a workforce development platform that will allow individuals entering the building workforce to access training content and job opportunities, specifically in the offsite construction industry. The resulting platform will be scalable nationwide, will integrate online and classroom training, and provide hands-on training inside modular factories. The platform will also allow potential employers to easily connect with students looking for employment in the offsite industry.

The DOE will be awarding $82.6 million in funding to 44 total projects that will potentially lower American’s energy bills and help meet President Biden’s goal of net-zero carbon emissions by 2050 by investing in new energy efficient building technologies, construction practices, and the U.S. buildings-sector workforce.

“We are very excited to have the opportunity to build upon current educational materials and work with factories and teachers to create a path forward for the U.S. offsite construction workforce,” says Colby Swanson, Managing Partner at Momentum Innovation Group. “We welcome any suggestions on existing, successful curriculum that might be helpful in further developing our program.”

The curriculum development will begin next year and will be followed by the launch of a pilot program in Pennsylvania before being offered nationwide.

Contact:

Heather Wallace, heather@miginnovation.com, 360-239-3993