Meeting Workforce Needs: Community colleges and employers can form partnerships to address local workforce needs. Employers benefit by collaborating with community colleges to train students for jobs requiring mid- to high-level skills, especially in sectors where few low-skilled, entry-level positions exist.

Cost Savings: Higher education institutions can achieve significant cost savings through cooperative agreements for purchasing. By leveraging collective purchasing power, these institutions can obtain goods and services more efficiently.

Student Success: Contractors contribute to student success by providing work-based learning opportunities, guidance, and financial support. These practices align with the goals of partnerships and help students pursue their career aspirations.

Local Economy Impact: Employers investing in training, equipment, and skills development through partnerships contribute to the local economy. By filling critical job openings, they strengthen the workforce and support community growth.

State Funding Initiatives: States can indirectly encourage partnerships through funding initiatives such as grants, performance-based incentives, and adult promise programs. These efforts spur coordination between community colleges, employers, and intermediaries, benefiting students and the broader community.

In summary, contractor partnerships enhance education, workforce development, and economic growth, making them valuable for state, local, and educational institutions.