NVME 2023 Annual Report

Program Summary 2023 In FY23 we provided training and/or individual assistance to 1,053 Maine adults, reaching people in all 16 counties.

Financial Summary 2023 Our 2023 fiscal year budget of $1,941,662 was allocated as follows: Federal

6%

Other Sources

SOURCES OF FUNDS 2023 13%

SERVICES PROVIDED • Training attendees

909

Federal 15%

Grants

66%

• Persons receiving individual assistance 228 • Students attending Totally Trades conferences 121

State

6%

Other Sources

13%

DEMOGRAPHIC PROFILE OF PARTICIPANTS* Income From households at/below 200% of federal poverty guidelines 63% From households above 200% of federal poverty guidelines 37%

15%

Grants

66%

State

Gender Women

83% 16%

USES OF FUNDS 2023

Men

1%

Non-binary

Age

2%

Communications

24% 52% 24%

Under 35

2%

2%

Indirect Costs

Travel/ Sta Development

35-54

Facilities Equipment Technology

3%

55+

1%

Supplies Materials

Education Did not complete HS

3%

Supportive Services Grants

2%

Communications

41% 10%

HS Diploma, HiSET or GED

8%

2%

2%

Indirect Costs

Travel/ Sta Development

Associate’s Degree

Facilities Equipment Technology

3%

5%

Trade School Certificate

1%

Supplies Materials

41%

Bachelor’s Degree or higher

Supportive Services Grants

82%

Work Unemployed

33% 62%

8%

Stang

Employed or self-employed

5%

Retired or semi-retired

* derived from registration data obtained from 701 participants

82%

Stang

New Ventures Maine is a statewide program of the University of Maine at Augusta, University of Maine System, an equal opportunity/affirmative action institution.

NVME/UMA, 46 University Drive, Augusta, Maine 04330 | NewVenturesMaine.org

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