Tracking Innovation in Credentialing Systems
An April 2021 report features a new earn-and-learn bridge program, launched in Philadelphia. The program addresses an urgent need for higher quality pre-K programming by helping high school students launch careers in education. Through pre-apprenticeship and apprenticeship, students earn a professional credential, Associate’s degree, and teacher certification while working. CREC produced the report for District 1199c Training and Upgrading Fund with support from the Pennsylvania Key and the Pennsylvania Office of Child Development & Early Learning. Find the report here: Early Childhood Education Pre-Apprenticeship Model Project.
CREC contributed to the most recent Counting Credentials report from Credential Engine, the third annual effort to count all secondary and post-secondary credentials, released February 2021. The report identifies 967,734 unique credentials in the U.S. and demonstrates the need for transparency in the credentialing landscape. The report includes state-by-state counts of diplomas, certificates, degrees, apprenticeships, licenses. Find the report here: Counting Credentials 2021 – Credential Engine or here Counting U.S. Secondary and Postsecondary Credentials, Phase III.
Measuring Economic Development Performance
CREC is collaborating with partners to sponsor research on how states are measuring the performance of the portfolio of economic development programs.
In 2016, we published the first of an occasional series. We welcome others to contribute and to help us in moving this effort forward on behalf of the economic development practice.
|2016||State Economic Development Performance Indicators White Paper (PDF)|
|2017||Redefining Economic Development Performance Indicators for a Field in Transition (PDF)|
State Small Business Credit Initiative (SSBCI)
The State Small Business Credit Initiative (SSBCI) was created through the Small Business Jobs Act of 2010 (the “Act”). SSBCI was funded with $1.5 billion to strengthen state programs that support financing of small businesses. Treasury awarded funding to all 50 states, the District of Columbia, and all U.S. Territories, based on their proportion of unemployed persons as a percentage of the national total.
Participating States funded new or existing state programs that fell into one of the following types: Capital Access Program (CAP), Collateral Support Program, Loan Guarantee Program, Loan Participation Program, or Venture Capital Program. General program parameters required Participating States to demonstrate a reasonable expectation of leveraging $10 of private dollars for every $1 of SSBCI funding expended.