The Skills Development Fund

    General Program Information

    The Skills Development Fund is Texas' premier job–training program providing training dollars for Texas businesses and workers. Administered by the Texas Workforce Commission, success is achieved through collaboration among businesses, public Community and Technical colleges, Local Workforce Development Boards and economic development partners.

    For the next two fiscal years (September 1, 2013 - August 31, 2015), TWC has $48 million in Skills Development Funds to support high quality, customized job training projects across the state. Grants for a single business may be limited to $500,000.

    How does it work?

    A business, consortium of businesses, or trade union identifies a training need, and then partners with a public Community or Technical college to fill its specific needs. Businesses work with college partners to submit proposals, develop curricula and conduct training. The Skills Development Fund pays for the training, the college administers the grant, and businesses create new jobs and improve the skills of their current workers.

    Coastal Bend College was awarded!

    At the October 17, 2013 Coastal Bend College Board Meeting, the Trustees approved that CBC's Oil and Gas Technology Program be allowed to purchase a Full Size Simulator to include in the training of the program curriculum. The company, Computer Simulation (CS Inc.) was identified as the sole source provider of the required simulator (Model DS-20FS/W) Full Size Drilling, Production, and Workover Simulator, Standard Equipment, Software and Services. The cost of the simulator is $239,500. Funds from multiple sources will be used to cover the cost of the simulator: 1) Texas Workforce Commission, Skills Development Fund grant in the amount of $163,694, 2) Pioneer Natural Resources multi-year gift in the amount of $35,439, 3) Marathon Oil in the amount of $22,696 and 4) CBC general fund, oil and gas technology program in the amount of $17,671. The simulator will be used to teach credit and non-credit curriculum as well as customized and continuing education training. The simulator will be located in Beeville next to the Oil and Gas Technology Program Lab.