Graz fund: Educational promotion for professional advancement and better opportunities
Graz fund: Educational promotion for professional advancement and better opportunities
in Graz, support for further professional training has again proven to be an important topic. The Graz fund for ascent and development, for short Grafo, has been offering valuable help for those who want to improve their career opportunities since 2015. This initiative enables workers: inside, to continue and train without having to fear financial burdens. The background is that many people, especially those with lower income, are often unable to afford necessary training or further training.
City Councilor Robert Krotzer emphasizes the need for such programs: "Education should be equally accessible to all people. However, people with low incomes are often disadvantaged here." With the Grafo, Grazer can receive support of up to 3,000 euros in order to cover their training costs and thus take advantage of professional advanced opportunities.
growth of the Grafo program
A total of 4,926 people have been advised since the start of the Grafo program, 1,002 of whom received targeted funding. This led to an impressive funding amount of over 1.4 million euros that were invested in the formation of employees: inside. In the current funding period, which began on January 1, 2024, 96 out of 683 people have used promoted qualifications, which makes up a total of 198,771 eurosThe demand for these means is growing, and this is what the city of Graz puts with challenges. The annual funding of 200,000 euros is already exhausted, which is why the city senate has decided to increase the amount by an additional 25,000 euros. This decision shows how important it is to offer financial support for further training and a clear indicator of the high demand for such funding.
A survey from 2022 among funded participants: In the inside, encouraging results have produced. About 25 percent of the respondents reported a direct increase in income after further training, with a tenth earn even more than 250 euros net per month. This means that Grafo not only contributed to improving the individual income situation, but also that around 19 percent of the participants have received more working hours. Almost half (49 percent) of the sponsors: Inside, a positive impact on their professional situation through further training also expects the interior.
The Grafo initiative not only promotes the qualifications of the participants: specifically promoted on the inside, but also significantly improves their opportunities on the labor market. According to the survey, 37 percent stated that their possibilities on the labor market have increased noticeably by participating in the program, which underlines the relevance of the program. Further details on Grafo and its effect in Graz are here to read.
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