LSI has developed an innovative model for economic development that shows immediate short-term successes and sustainable long-term results. This model uses the collaboration between LSI and Economic Development agencies, looking at both the job creation and placement elements of economic development, to provide a targeted, agile, solutions-based approach.

LSI works with public and private institutions (including higher education) to provide a trained workforce based on market demand. We create new jobs by assisting these institutions by capturing new workload in regional locations. LSI places individuals into the right position by creating demand for new jobs, working with institutions to prepare the individuals for the job requirements, and placing these individuals into jobs created by LSI’s business development team. LSI works with regions to develop successful markets (clusters) aligned with the area’s growth objectives and labor supply.

It is important to align the efforts and resources of businesses, labor, state government, educational institutions and others to:

• Determine labor and skill requirements by industry sector and occupational groups
• Identify the labor force and skill requirements for emerging and strategic industries
• Analyze the enrollments and output of students from New Hampshire and training institutions to ensure the preparation of adequate labor supply
• Prepare and upgrade the skills of young people, current workers, transitional, and at-risk individuals for employment and further education
• Focus public resources and investments to increase labor supply in areas with identified labor and skills shortages

Remediate skills gaps for industries where applicants are unable to meet entry level skills standards and performance expectations by entering into partnerships and consortia arrangements with business and education and training providers.

LSI has the capacity to enhance workforce development in several ways:

• By providing equitable access to training and education
• Developing customized training programs, such as pre-employment training and Pre-Employment Transition Services (Pre-ETS)
• Connecting to apprenticeships programs with a mix of instruction and on-the-job training
• Assistance in engaging with state and federal grants to expand service capacity at the state and local levels through funding assistance
• Provide opportunities for critical support systems, supporting new and developing workforce needs