Joint Investment Programme
On 17 March 2010 we launched the prospectus for the Joint Investment Programme for Strategic Skills (PDF, 2.2 Mb) . The programme is designed to bring together public and private investment into 50-50 match-funded plans to support training and skills development in areas key to economic recovery and future growth.
The ambition is to provide a mechanism to support priority sectors and emerging industries, to exploit the opportunities created by new technologies and markets, and to contribute to meeting the skills challenge of a low carbon economy.
The programme was announced in autumn 2009 in Skills for Growth and takes forward some of the key themes of the strategy set out in that document as part of an employer responsive, demand-led system. This first round is planned to deliver targeted training over a two year period.
The Programme will look to focus on areas where new skills are required in the workforce to capitalise on the business and economic opportunities presented by growth sectors. Support under the programme will aim to address the themes set out in New Industry, New Jobs, and high priority skills needs for action identified by the UKCES Skills Audit, which highlights the need to address technical skills in a range of sectors. The programme is designed specifically to target investment on technician and associate professional skills.
How to apply
Sector Skills Councils and Industry Training Boards can apply to take part in the Programme using the expression of interest form (DOC, 118 Kb) that accompanies the prospectus.