The Government has received 269 bids from employers vying to take part in a new pilot to design and develop their own vocational training programmes, it was announced yesterday.
Skills Minister John Hayes made the announcement following the first round of bids earlier in the year from employers keen for a share of the £250 million fund.
The finance will route public investment directly to employers, enabling them to invest in the training and skills development they need to grow their business.
The winners of the bids are due to be announced later in the year.
Hayes comments: “Skills are central to the UK economy and our long-term competitiveness and we’re making excellent progress with the biggest apprenticeship programme in modern history.
“This pilot fund will give employers the space and opportunity for greater ownership of the vocational skills agenda encouraging innovation and new thinking as we provide the platform for sustainable growth.”
Charlie Mayfield, Chairman of the UK Commission for Employment and Skills and the John Lewis Partnership, says: “The pilots are all about encouraging innovation and partnership in an area that is critical to the growth and success of our economy. I look forward to seeing what changes we can start to make as a result of these investments.”