£10 m worth of help to fund construction skills in UK Cities
A revolutionary new public-private partnership is set to bring about an improved approach to funding for the delivery of construction skills across Greater London and eight core city LEPs across England, says the Construction Industry Training Board (CITB).
Worth £10 million, the landmark Joint Investment Strategy agreement will mean that the construction industry will begin to benefit from a matched funding scheme from 2014.
The employer led skills and employment programme is facilitated by CITB and every £1 invested by employers is matched by £1 from the local public sector. London, Sheffield, Birmingham, Manchester, Bristol, Nottingham, Leeds, Liverpool and Newcastle are the cities set to benefit. The first schemes will become operational in London and Sheffield from the start of 2014.
The initiative puts construction employers at the heart of the ownership and leadership of their skills agenda at local levels ensuring it is reflected appropriately in local skills and training policy, funding and delivery in the short, medium and long term.
The local strategic plans focus on creating growth through supporting local construction companies, currently unemployed construction workers and working more closely with construction clients and training providers.
The timing of the Joint Investment Strategy comes as CITB has highlighted huge skills challenges across the country - over the next five years, 19% of the national construction workforce, almost half a million people, will reach retirement age. At the same time, the number of competence based NVQs awarded has fallen by 30%, yet the UK has one million young people who are not in education, employment or training.
William Burton, Interim CEO of CITB, commented: “As we face a skills gap in construction, it’s vital that people around the country have the skills to benefit from construction through important initiatives such as the joint investment programme.
"CITB is playing an active role in delivering skills and training to the industry; in 2012 that took the form of over £165 million in skills support across the UK.
“With the support of the industry and local government in Greater London and the core citiy LEPs, we now have the tools to generate skills and jobs that will make a real difference to people around the country.
This strategic matched investment between local government, the industry and CITB will support this vital long-term plan.”
For more information, click here