June 9, 2022, Victoria, B.C. – Stanley Black & Decker (NYSE: SWK) announced the recipients of its first “Empower Makers” Global Impact Challenge. Construction Foundation of BC (CFBC) is honored to have been named as a Makers Grant Recipient for our efforts to our Skills Ready initiative.
Initiated in 2021, the Global Impact Challenge grant program will award up to $25 million in grant funding over the next five years to non-profits that are supporting trade workforce development initiatives in the construction and manufacturing sectors. With the first applications submitted in October 2021, 240 entrants were evaluated based on number of people served, outcomes projected, sustainable impact, depth of programs, and diversity, among many other considerations. CFBC was selected as one of 86 organizations that will help skill and reskill roughly 180,000 makers throughout 2022.
“We are honoured to have been selected as one of the Stanley Black & Decker Maker Grant recipients,” shared Abigail Fulton, Executive Director of CFBC. “With this grant, we are going to increase our efforts across BC to continue empowering young people as they explore and prepare for jobs in the skilled trades and technologies. By the year 2027, it is estimated that demand will exceed the supply of skilled workers in the province of British Columbia, and we aim to help reduce that risk.”
“Stanley Black & Decker is immensely proud to support CFBC as they work to skill and reskill the next generation of trade professionals,” said Stanley Black & Decker Vice President of Social Impact, Diane Cantello. “Currently in the U.S., there are an estimated 650,000 open construction jobs and 10 million unfilled manufacturing jobs globally. Our purpose is to support ‘Those Who Make the World,’ and being able to fund educational programs and non-profits that are revitalizing trade careers directly connects to our core mission. Thanks to this year’s Makers Grant Recipients, together we will be one step closer to closing the trade skills gap.”
To learn more about Stanley Black & Decker’s “Empower Makers” Global Impact Challenge, all of this year’s recipients and how non-profits may submit for the upcoming application period, please visit EmpowerMakers.com.
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About Construction Foundation of BC
The Construction Foundation builds community through engagement in charitable initiatives
and a commitment to industry-focused education and research initiatives that benefit all British
Columbians. www.constructionfoundation.ca
About Stanley Black & Decker
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world’s largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company’s more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world’s makers, creators, tradespeople and builders. The company’s iconic brands include DEWALT, BLACK+DECKER, CRAFTSMAN, STANLEY, Cub Cadet, Hustler and Troy-Bilt. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com.
