He says his nonprofit now focuses on assisting students to attend his Eleven Fifty Academy, a separate organization that trains students for tech-oriented careers. The fund holds roughly $10 million garnered from sources, including the Lilly Endowment, PricewaterhouseCoopers and JP Morgan Chase. The cities of Gary, Fort Wayne, Evansville and others have also made contributions.
“It’s a real deal … and it exists with a whole lot less constraints than what has come out of Accelerate Indiana so far,” Jones said.
Training programs approved by Accelerate from the Eleven Fifty Academy cover cybersecurity, secure networking and software and web development.
Courses from other training providers include CDL truck driver training, CNC machine operator programs, cloud systems administrator education, professional medical coder certification and credentials for certified production technicians.
As of late November, no loans have been issued, although the online application portal is open, Wozniak said.
None of the $75 million appropriation from federal COVID-19 relief funding has been drawn upon from the state, either, Wozniak said. INvestEd has instead borne the administrative costs of internal staff work and external legal counsel.