Workforce & Innovation for a Stronger Economy Fund Strategic Planning (WISE) Council
| Name | Workforce & Innovation for a Stronger Economy Fund Strategic Planning (WISE) Council |
| Contact Person | Dr. Kim Hunter-Reed - Commissioner for Higher Education |
| Mailing Address |
P. O. Box 3677 Baton Rouge, LA 70821 |
| Phone Number | 225-342-4253 |
| Fax Number | 225-342-9318 |
| Board Email | Kim.Reed@regents.la.gov |
| Website | http://wisefundla.com/ |
| Legal Authority | Act 803, R.S. 17:3138.2 |
| Year Created | 2014 |
| Organizational Placement | Higher Education |
| Purpose/Function | WISE was created to enhance degree and certificate production and research priorities in high demand fields through programs offered by Louisiana’s public postsecondary education institutions to meet the state’s future workforce and innovation needs. Louisiana’s four higher education systems, Louisiana Economic Development (LED), the Louisiana Workforce Commission (LWC), and the Louisiana Workforce Investment Council (WIC) collaboratively developed and supported the creation of the Workforce and Innovation for a Stronger Economy (WISE) Fund, established by Act 803 of the Louisiana Legislature’s 2014 Regular Session. The WISE Fund dedicates funding to Louisiana’s public higher education institutions to: •Increase degree and certificate production in high demand fields, through the Workforce Incentive Program (80% of funds) •Spur additional research and innovation in alignment with industry needs, through the Innovation Incentive Program (20% of funds) Business and industry pa |
| Number of Entity Members: |
Number Authorized: 8
Number Currently Serving: 8 |
| Number of Entity Meetings: |
Actual number in prior year: 0
Estimated number in current year: 0 |
|
The Entity is: Active Inactive Not fully organized Disbanded Never fully organized |
|
|
Do members receive per diem, salaries, and/or travel expense reimbursements? Yes No |
|
|
Excluding member per diem, salaries, and travel expense reimbursements, does the entity receive or expend funds? Yes No |
|
|
Entity Member Per Diem: Amount Authorized: $0 per meeting per meeting day per day spent on board business None |
|
|
Total entity member per diem: Prior year actual: $0.00 Current year budgeted: $0.00 |
|
|
Entity Member Salaries: Prior year actual: $0.00 Current year budgeted: $0.00 |
|
|
Entity Member Travel Expense Reimbursement: Prior year actual: $0.00 Current year budgeted: $0.00 |
|
|
Number and Type of Authorized Employee Positions: Classified: 0 Unclassified: 0 Part-time: 0 |
|
|
Entity Fiscal Year End: 4/30 7/31 10/31 Other (identify date) 6/30 9/30 12/31 None |
|
|
Participation in State Employee Benefit Programs: Employees: participate in state retirement system(s) and/or state group insurance program(s) do not participate in state benefit programs Members: participate in state retirement system(s) and/or state group insurance program(s) do not participate in state benefit programs |
|
|
A state agency provides: (Check all that apply and identify the state agency)
Per Diem Payments State Agency: Travel Reimbursements State Agency: Other (explain) State Agency: |
|
|
Is this entity a budget unit or included within a budget unit of the State of Louisiana as defined by LSA-R.S. 39:2? Yes No If yes, identify the budget unit and the budget schedule number below: Budget Unit Name: Budget Schedule Number: |
|
| Notes | No funds allocated to the WISE council; therefore, no member received per diem or reimbursement for travel expenses as it related to WISE meetings. |