Extra £7 million from CITB to train most needed workers
CITB has freed up £7 million of additional funds to train a new wave of construction workers – in the jobs most needed by industry to train a new wave of construction workers – in the jobs most needed by industry.
The funding boost comes from a change to the Grants Scheme which returns the supplementary payment to a flat rate of 10% on 1 August. This change, on its own, will produce £4 million. A further £3 million will be made available from other areas of CITB where projects have come in under budget.
Steve Radley, Director of Policy at CITB, said: “As this scheme comes to an end, we will commit these funds to training the workers most needed to address skills shortages. Our current research is identifying where the critical training needs lie, to help us best target the funding.
The construction industry is growing and it is of paramount importance that CITB does all it can to meet the skills challenge – these additional funds will go some way to help us do that.”
A further welcome change is that CITB has approved that the grant day rate for training will remain at the boosted rate of £50 for the 2015/16 Grants Scheme.