Linked In members in the West Midlands will be interested to know that a new funding initiative has been launched. Businesses, young people and adults across the West Midlands are set to benefit from a new skills deal, which could unlock up to £69million.
In their press release the Department for Education says:
“The Government will co-fund the new skills deal, alongside employer funding and the West Midlands Combined Authority will invest £20million into this area as set out in their Skills Plan.
“The new deal includes:
- Creating hundreds of new apprenticeships at small and medium sized businesses in priority areas, including in construction, automotive and digital sectors – helping increasing job opportunities for all.
- A multi-million investment in local colleges – ensuring they have access to the latest equipment and facilities to teach the skills the region and the country need, including digital, and construction.
- Up to £5million to work with employers to develop a National Retraining Scheme (NRS) pilot to drive adult learning and retraining.
- £1million to boost Edtech and the way it supports adult learners in the West Midlands.
- £1million to improve careers advice for young people, including a new careers hub in the West Midlands.
- Piloting an innovative online portal for businesses to share work experience opportunities with schools.”
Additionally, to help boost the region’s digital and cyber skills, Government will launch a new Local Digital Skills Partnership in the West Midlands bringing together regional businesses, local authorities and educational institutes to tackle the digital skills gap and support the growth of the local economy.