What is NEW?
Nontraditional Employment for Women (NEW) is dedicated to empowering women by providing comprehensive preparation, training, and placement services for careers in skilled construction, utility, and maintenance sectors. The organization addresses barriers to entry, offering pre-apprenticeship programs and ongoing support to foster success in non-traditional employment pathways. NEW aims to establish itself as a benchmark for workforce development in these critical industries, contributing to New York's infrastructure by creating a pipeline of qualified female talent.
How much funding has NEW raised?
NEW has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in NEW
PPP
Public-Private Partnership
What's next for NEW?
With substantial late-stage financing and a recent strategic investment, NEW is poised for significant expansion. The capital infusion is expected to fuel the scaling of its training programs, enhance job placement services, and potentially broaden its geographical reach or industry partnerships. This strategic backing signals confidence in NEW's model for fostering economic mobility and addressing labor demands in skilled trades, positioning the organization for sustained growth and impact.
See full NEW company page
