Ivy Tech receives $8 million grant from Lilly

Tuesday, February 4, 2020

INDIANAPOLIS – Lilly Endowment has made an $8 million grant to the Ivy Tech Foundation to support Ivy Tech Community College’s new statewide Career Coaching and Employer Connection (CCEC) program. This new, more strategic approach will emphasize comprehensive career readiness practices working alongside academic preparation throughout a student’s college experience. The new approach will transform Ivy Tech’s current Career Development structure and programs to focus on intentional career advising and employer engagement.

The new career and employer-related support infrastructure is based on the study of best practices from 2- and 4-year institutions across America and in collaboration with Ascend Indiana, the talent and workforce development initiative of the Central Indiana Corporate Partnership. Ivy Tech and Ascend evaluated the current employer experience with a series of employer satisfaction surveys, focus groups, and employer stakeholder discussions with industry partners representing Indiana’s high-demand, high-wage economic sectors. Employers expressed a desire to find meaningful ways to partner with Ivy Tech to hire talent and to engage with students, and expressed a high level of interest in industry-targeted career fairs, mentorships, resume reviews, mock interviews, and coordinated high school visits.

Students will have a markedly different experience within this new approach. Each goal and supporting structure along the student pathway will align with best practice research and will be intentionally incorporated to help students secure meaningful career and wage outcomes. In direct response to students’ insights during focus groups, career readiness activities will be required and inextricably intertwined with students’ academic plans and coursework.

Each student will have a required career action plan that has iterative milestones every 15 credit hours, including resume development, interview preparation, employer engagement, and embedded “work and learn” experiences within their career focus.

The most significant anticipated outcomes will be tied to Ivy Tech’s five-year metrics, including movement of student completions to high-wage, high-demand programs, and wages earned after graduation. Additionally, as Ivy Tech better supports students in career readiness, post-graduation results will attract students to programs related to high-wage, high-demand career paths.

Implementation of these strategies will result in a clear and meaningful pathway for students to and through Ivy Tech that equips them with the knowledge and skills needed to thrive. Skilled graduates will enter high-demand, high-wage careers, ultimately enhancing the Hoosier workforce, economy, and communities across the state.

The College will roll out the new model through a phased approach over four years. The first phase commenced last fall with six campuses: Indianapolis, Fort Wayne, South Bend/Elkhart, Kokomo, Sellersburg, and Madison. Student-facing activities will begin in the spring of 2020.

Ivy Tech will receive $5 million over the first three years of the grant and is eligible to receive an additional $3 million contingent on Ivy Tech securing at least $3 million for the new approach from other external sources.

In addition to Lilly Endowment, Ivy Tech has received support to establish CCEC from several other organizations that include: Richard M. Fairbanks Foundation, Central Indiana Community Foundation, Glick Fund, Indiana Commission for Higher Education, Garatoni-Smith Family Foundation, JPMorgan Chase Foundation, and Salesforce.

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