Investing $35M in Oregon’s Workforce: The P10K Initiative

Prosperity 10,000 is the section of Future Ready Oregon that invests $35 million through Oregon’s 9 Local Workforce Development Boards (LWDBs). This funding was intended to support communities most impacted by COVID 19, including people of color, low-income individuals and families, women, disconnected youth, front-line workers, rural and frontier residents, and other historically underserved Oregonians. The initiative was designed to enhance the capacity to provide proven services like career coaching, earn-and-learn opportunities, and industry-specific training. Additionally, these funds enabled LWDBs to scale up vital wraparound services, including childcare, housing, transportation, and technology support.

The P10K strategy was to use the LWDB infrastructure to quickly deploy resources to respond to regional workforce challenges exacerbated by the pandemic. LWDBs used existing partner networks to leverage and distribute funds to a variety of organizations, including nonprofit community-based entities, educational institutions, labor organizations, and other workforce service providers. Additional investments were made to complement existing partnerships and expand community and service connections.