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$1 Million BB&T Economic Growth Fund Grant

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The BB&T Economic Growth Fund at the Lancaster County Community Foundation announces a $1 Million grant investment in Tec Centro, a bilingual job training center at the Spanish American Civic Association (SACA).  The Tec Centro investment is the first grant from the $10 Million fund that was created when BB&T Bank arrived in Lancaster in September 2015.

An extension of the long-standing commitment of BB&T to high-impact community investments, today’s grant supports job skill growth in the Lancaster County community.  Since opening in 2014, Tec Centro has served more than 900 individuals with language classes and skills training in health occupations, culinary arts, construction, and manufacturing.

The BB&T investment will empower Tec Centro to accelerate growth and reach its full capacity to deliver job training in the local market. Graduates from the program are qualified for local, in-demand, thriving-wage jobs.

“Programs that prepare people for jobs is exactly the kind of impact this fund is designed to support,” said Craig Kauffman, Regional President of BB&T Bank. “Tec Centro equips our existing workforce with tangible skills that lead to thriving-wage jobs in our community.”

Investments from the BB&T Economic Growth Fund are designed to improve the standard of living and economic health of Lancaster County through business attraction and incubation, industrial growth, and creation of sustainable/thriving wage jobs. The BB&T Economic Growth Fund is a corporate advised fund at the Lancaster County Community Foundation.

Qualified 501c3 organizations will have the opportunity to be part of a competitive grant process from the BB&T Economic Growth Fund. An information session will be free and open to interested organizations on January 12, 2016, 3 pm at the Ware Center, Lancaster. The BB&T Economic Growth Fund Committee reviews applications and makes grant recommendations.

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