Private Funding From Bank of Nevada Boosts Reach of Initiative
LAS VEGAS, NV – May 11, 2020 – Approximately 275 employees at more than 60
Southern Nevada small businesses and nonprofits will remain on the payroll thanks to
an innovative Layoff Aversion Pilot developed by Workforce Connections, Southern
Nevada’s Local Workforce Development Board. The pilot brings together public and
private funding to support employers and employees impacted by COVID-19.
The Layoff Aversion Pilot utilizes $344,000 of federal Workforce Innovation and
Opportunity Act (WIOA) funds provided by the Nevada Department of Employment,
Training and Rehabilitation (DETR). An additional $100,000 was donated by Bank of
Nevada, which significantly extends the reach of the initiative.