BIS opens applications for £240m skills fund
7 February 2013
A total of £240m funding has been made available for businesses of all sectors and sizes to create business-tailored training programmes to address their skills needs by the Department for Business, Innovation & Skills (BIS).
Thu, 7 Feb 2013
A total of £240m funding has been made available for businesses of all sectors and sizes to create business-tailored training programmes to address their skills needs by the Department for Business, Innovation & Skills (BIS).
The Employer Ownership Pilot (EOP) made its first committal of funds in September of last year for projects ranging from pre-employment training for young people, apprenticeship extensions and training to supply chains, with recipients including consumer goods manufacturers Nissan and Siemens.
Bids are invited by 28 March via the UK Commission for Employment and Skills' website.
Skills minister Matthew Hancock says: “With applications for round two now open, I would urge businesses – particularly small companies – to consider how the fund can help them grow, from creating new apprenticeship programmes to setting up specialist training academies.
“For British businesses to succeed and compete in the global race, they need a highly-skilled workforce that can meet the challenges of the future.”
The first round of the EOP was expected to generate 11,000 apprenticeships, 27,000 full-time non-apprenticeship training opportunities and 49,000 other opportunities. A total of £340m across the EOP project lifespan will be available.
A total of £240m funding has been made available for businesses of all sectors and sizes to create business-tailored training programmes to address their skills needs by the Department for Business, Innovation & Skills (BIS).
The Employer Ownership Pilot (EOP) made its first committal of funds in September of last year for projects ranging from pre-employment training for young people, apprenticeship extensions and training to supply chains, with recipients including consumer goods manufacturers Nissan and Siemens.
Bids are invited by 28 March via the UK Commission for Employment and Skills' website.
Skills minister Matthew Hancock says: “With applications for round two now open, I would urge businesses – particularly small companies – to consider how the fund can help them grow, from creating new apprenticeship programmes to setting up specialist training academies.
“For British businesses to succeed and compete in the global race, they need a highly-skilled workforce that can meet the challenges of the future.”
The first round of the EOP was expected to generate 11,000 apprenticeships, 27,000 full-time non-apprenticeship training opportunities and 49,000 other opportunities. A total of £340m across the EOP project lifespan will be available.
