LLENLocal Learning and Employment Networks (Victoria, Australia)
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Lee's conversion of his personal loan into LLEN shares at USD8.50 has received endorsement from the Company's board directors.
Mr Dixon said the Napthine Government s funding for LLENs would be increased by $5.7 million in 2015 to $8 million, following the Federal Government s budget decision to discontinue its financial contribution.
Just as the Napthine Government stepped in with $5.1 million to save the Workplace Learning Coordinators program in 2013, we have been working with the LLENs to ensure they have certainty for next year, following the Federal Government budget decision to withdraw funding, Mr Dixon said.
This $13.1 million investment will ensure LLENs and Workplace Learning Coordinators can continue to deliver strong pathways from school to further education and work.