Charlotte, N.C., Jan. 24, 2023. Stanley Black & Decker (NYSE: SWK) announced the recipients of its second Global Impact Challenge. Craft & Trade Academy is honored to have been named as a Makers Grant Recipient and to receive $39,000 for our efforts to address the skills gap in the construction industry by providing training and career pathways to adults in the Charlotte region.
Initiated in 2021, the Global Impact Challenge grant program will award up to $25 million in grant funding over five years to nonprofits that are supporting trade workforce development initiatives in the construction and manufacturing sectors. With the first applications submitted in 2022, 182 entrants were evaluated based on the number of people served, outcomes projected, sustainable impact, depth of programs, and diversity, among many other considerations. Craft & Trade Academy was selected as one of 91 organizations that will help skill and reskill roughly 210,448 makers throughout 2023.
“We are extremely thankful of the support from Stanley Black & Decker towards the academy’s P.A.C.E. program and our commitment to building new engagement in the construction industry,” said Sarah Cover, Director at Craft & Trade Academy.
Funding from the Stanley Black & Decker Makers Grant will contribute to the 2023 Pre-Apprenticeship Construction Experience (P.A.C.E.) cohorts, providing instructional materials and quality training to students.
“Stanley Black & Decker is immensely proud to support Craft & Trade Academy as they work to skill and reskill the next generation of trade professionals,” said Stanley Black & Decker Corporate Responsibility Officer, Deb Geyer. “Currently in the U.S., there are an estimated 650,000 open construction jobs and 10 million unfilled manufacturing jobs globally. Our purpose is to support ‘Those Who Make the World,’ and being able to fund educational programs and non-profits that are revitalizing trade careers directly connects to our core mission. Thanks to this year’s Makers Grant Recipients, together we will be one step closer to closing the trade skills gap.”
To learn more about Stanley Black & Decker’s Global Impact Challenge, the 2022 recipients and how non-profits may submit for the upcoming application period, please visit EmpowerMakers.com .
About Craft & Trade Academy
Craft & Trade Academy, founded in 2019, continues to expand and provide certified training to meet the needs of the growing construction industry nationwide and more specifically in the Charlotte region. The Academy is a public 501(c)3 non-profit higher education institution committed to building career pathways for adults by encouraging new engagement in the construction industry, developing expert craftsmen through certified apprenticeships, and providing the necessary tools for success.
About Stanley Black & Decker
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world's largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company's more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world's makers, creators, tradespeople and builders. The company's iconic brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER® and TROY-BILT®. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com.