£17.5 million Boost to Skills in Leeds City Region
Thu 05 Feb 2015
A Funding supplement of £17.5 million has been secured from the Government, by Leeds City Region Enterprise Partnership (LEP) for the Employer Ownership of Skills Pilot (EOP).
SMEs will be eligible for funding to invest in skills for their workforces, enabling them to develop and grow their business. The funding is supplements by an additional £20 million contributed from employers.
Key skills shortages in sectors including manufacturing, construction, digital & creative, hospitality and medical technology will be addressed to assist in the promotion of economic and employment growth.
Businesses in the region can apply for support grants of £500 to £50,000.
Mark Ridgway OBE, LEP Board Member and managing director of Joseph Rhodes Ltd, a Wakefield based advanced manufacturing company, led the bid on behalf of employers in the Leeds City Region.
Roger Marsh, chair of the Leeds City Region Enterprise Partnership said:
"I am delighted that the LEP has succeeded once again in securing vital funding for our region. This is a step change in addressing the skills needs in the City Region and will help improve business competitiveness across our diverse growth sectors."
"This funding commitment confirms the trust government places in our City Region; recognising our achievements of creating more and better jobs for our residents and acknowledging our ambition to work collaboratively with employers to drive the skills agenda."
Alongside its partners the LEP will now support 3,000 businesses with a skills service, 2,500 businesses with skills assessments and advice, 1,000 businesses to take on apprentices and help 17,100 individuals into training.
More information on the available funding can be found HERE