Government makes 'training fund' available

Businesses can bid for a share
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The Government has made £150 million available to help businesses create and develop the training schemes they need to grow.

The fund is part of the Employer Ownership Pilot scheme, and brings the total amount of investment in to the programme up to £250 million.

Previous example of the scheme at work includes Nissan’s programme to train more than 3,600 technical staff, recruits and supply chain workers, which will be crucial to the launch of four new products and to the expansion of industry in the North East.

“For Britain to compete we need as a nation to deliver the skills employers need. This is a unique opportunity for companies across all industries to secure their futures by addressing their skills needs now,” said the Skills Minister, Matthew Hancock.

??“I would encourage businesses – large and small – to be ambitious and innovative in their vision for how the fund can help them grow, from creating new apprenticeship programmes to setting up specialist training academies.”

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