Obama Administration’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative

Last Modified: Sat Oct 29 2016 18:19:40 GMT+0530 (India Standard Time)
  • $66 million
    has been awarded this year by the Obama administration to 71 projects that aim to aid workers displaced from coal company bankruptcies and create new industries in these areas. The funding is available through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative.
  • $28 million
    of that corpus was released on Wednesday to 13 coal-producing states to help them cope with the decline of the coal industry, driven by the move toward cleaner energy. Some of the recipients and initiatives include:
  • $790,000
    University of Utah will receive to test whether technology to convert coal into carbon fiber materials can be used in different industries.
  • $3 million
    Friends of Southwest Virginia, a nonprofit group, will receive to boost the burgeoning tourism industry in the once prolific coal region.
  • $2.2 million
    Wise County, Virginia, will get to train workers for jobs in the emerging drone industry.