|Cable Sets Out Investment in Skills for Growth|
Thursday 6 October - Department for Business Innovation & Skills
Business Secretary Vince Cable will today set out how new investment of more than £20 million will boost skills and drive growth in key industries including nuclear manufacturing, renewable energy and healthcare.
£11 million of Government matched funding, awarded following the first round of bids to the Growth and Innovation Fund (GIF), will enable employers to deliver more effective skills solutions through more apprenticeships, new professional standards and closer partnerships with education and training providers.
Speaking in advance of his keynote address at the WorldSkills competition in London, which celebrates the achievements of highly skilled young people, Dr Cable said:
Skills Minister John Hayes said:
The following sectors will immediately benefit from GIF funding; co-investment from employer groups could double the figures specified below:
RenewableUK, the wind, wave
and tidal energy trade association, is establishing a Renewables
Training Network (RTN) to tackle the critical shortage of skilled
workers in green energy industries. The RTN will create 2,000 places on
training courses specifically tailored to those wanting to make the
transition into the renewable energy sector, focusing particularly on
mature skilled workers wishing to retrain. Working with employers,
universities and colleges, the RTN aims to bridge the skills gap to help
build a new low carbon economy, making the most of the UK’s abundant
sources of renewable energy.
1st will create a Hospitality Guild which will broker 500 new
apprenticeship places, introduce four voluntary licence to practise
schemes and help 15,000 unemployed people to find work.
will deliver an Apprenticeship Training Agency (ATA) for the science
based industries which will increase apprenticeship numbers in Small and
Medium sized Enterprises (SMEs) and deliver over 1000 new
apprenticeships by 2017.
Sciences Skills Pathway will provide over 400 new higher level
apprenticeships, 500 individuals receiving technician training and 1500
work ready graduates through an employability kite marking scheme.
SME Gold Standard competency framework, a tool to help SMEs assess the
capabilities of their employees, will increase training in SMEs by £100
per employee by 2015. By 2017 the sector will have over 1000 SMEs
pledged to the Gold Standard.
Skills will establish a Talent Bank for the gas, power, waste
management and water industries. The Talent Bank will provide a skills
brokerage service, a vacancy matching service and launch a voluntary
levy. This will create 400 new Apprenticeship places and support the
training of 400 high skilled technicians by 2014.
will develop a quality assurance framework to ensure clearly signposted
training and help identify high quality job applicants. By 2013 over
200 Higher Education courses will have been assessed including HE
Undergraduate, Postgraduate and level 4 courses.
Active will create a Group Training Association for the Sport &
Active leisure sector that will help employers shape and invest in
training. It aims to increase the volume of apprentices from 11,000 to
18,000 per year.
will also deliver projects designed to improve the access to specialist
training and qualifications for workers in the playwork and fitness
& leisure sectors.
will develop a new Professional Standards Framework, allowing employers
to identify the skills they require to meet business objectives
including leadership and management skills.
Employment Related Services Association will create an Institute of
Employability Professionals which will act as a regulatory body for the
development and maintenance of quality standards, in addition to
developing a voluntary licence to practise scheme.
National Skills Academy for Nuclear will deliver a specific skills
training system for manufacturing within the nuclear sector,
particularly focussed on SMEs and the supply chain.
new National Skills Academy for Health will help meet skills gaps,
skills shortages and occupational shortages in pharmacy, midwifery,
occupational health, and facilities management.
National Skills Academy for Creative and Cultural Skills will improve
training by forging new links between employers and training providers
in creative and cultural industries in three new sectors – design,
jewellery and heritage.
Work is now being undertaken on the development of future rounds of GIF, which will deliver up to £50m of government investment per year. An announcement will be made later this year regarding investment for 2012.
|Last Updated ( Thursday, 06 October 2011 )|