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Page updated 6 April 2010

Future Jobs Fund

Future Jobs Fund and the Election

Please read this important notice regarding the Future Jobs Fund (FJF) and the current pre-election period.

New Future Jobs Fund bids for funding

No new decisions to award FJF funding will be made during this pre-election period and until further notice. This applies both to new bids for funding and to bids by existing lead bodies to extend their grant awards.

If you are submitting a bid now, or have submitted a bid but have not yet been notified of the outcome, then the notification will be made in due course after the election.

There is no need to resubmit your bid or to take any further action at this time.

Existing successful bids for Future Jobs Fund funding

If you have already been notified that your bid was successful, and are submitting further information to enable us to issue your grant letter (i.e. a jobs profile and/ or confirmation of State Aid compliance), then your grant letter will be issued in the course of normal business and subject to clearance of any outstanding conditions specified at the time of the award.

We will continue to receive and process documentation and respond to operational queries that relate to bids that have already been approved, as usual.

Please quote the appropriate bid reference number in all requests for information and operational queries.

 

What is the Future Jobs Fund?

The Fund was announced in Budget 2009 and the money is to be spent between October 2009 and March 2011. As the Future Jobs Fund is a challenge fund, not all organisations that submit bids will be successful. The fund is run by the Department for Work and Pensions (DWP) in partnership with the Department for Communities and Local Government (CLG) and with input from Jobcentre Plus Regional Government Offices in England and Devolved Administrations in Scotland and Wales.

The Fund aims to create 170,000 additional jobs, primarily aimed at 18-24 year olds who have been out of work for nearly a year to deliver real benefits to communities. The Future Jobs Fund is a part of the Young Person’s Guarantee. From early 2010, everyone in between the ages of 18 and 24 who has been looking for work for a year will get an offer of a job, work experience, or training lasting at least 6 months. We are specifically targeting 50,000 jobs in unemployment hotspots and expect around 10,000 of the 170,000 jobs created to be green jobs.

"We're determined to do everything we can to help people who are being hit by the world recession. Never again must we lose a generation to work. That is why we are working to increase training places and intensive support to help people back into work. We believe its right to help people through the difficult times so that local communities and our national economy can come through this sooner and stronger.”
Yvette Cooper, Secretary of State for Work and Pensions (29 June 2009)

Budget Statement March 2010

In the Budget Statement made on 24 March 2010, the Government announced the extension of the Young Person's Guarantee for another year into 2011/12. Whilst we are working through the implications of the announcement we are able to say that the Future Jobs Fund has been increased to around 200,000 places, which is good news for our clients and everybody involved in helping long term unemployed people into work. The Statement does not affect any decisions already announced or bids or grant letters already issued. We still want more bids for 2010/11, particularly covering those shortage areas highlighted on the FJF website.

We will be doing some detailed work to look at the spread of funding over the next two years. In the meantime, please do not submit any bids that cover 2011/12 until you get a further communication from us explaining how the bidding process will work for this period.

How do I bid?

We are looking for bids from organisations with the capability to create real jobs that deliver community benefit and are suitable for young people who have been claiming Jobseeker’s Allowance for approaching a year.

Eligibility

The Future Jobs Fund is open to any organisation from the public, private or third sector from across Great Britain (England Scotland and Wales). It does not apply in Northern Ireland. In the majority of cases we expect bids to come from partnerships led by upper tier Local Authorities or Third Sector organisation but this does not exclude other organisations from applying.

We expect bids to create at least 30 jobs, however, we will support smaller organisations via partnerships.

Smaller organisations may want to think about entering a partnership in their local area to ensure the jobs they are proposing fit with the local labour market and with other proposals in their area. They may also be able to deliver training and support to their employee more efficiently when working in a larger partnership.

National organisations may want to bid to the fund and this would certainly be welcomed.

Future Jobs Fund Awards

The eighth round of bidding for the Future Jobs Fund has now been completed and will creating up to 6,941 new jobs. To date this means that the Future Jobs Fund stands to create around 117,000 jobs.

So far we have issued grants for around 60,000 jobs and we are working with bidders to agree start dates for the remaining jobs. In the first five rounds of bidding all initial grant awards were restricted to the first six months. The terms and conditions of the grant letters have since reviewed and revised. From round six onwards, all grants are for the lifetime of the bid, not the initial six months. We are working with all the round one to five bidders to agree start dates and funding for the remaining jobs.

To date 487 applications to the Future Jobs Fund have been received. Of these, 295 bids have been successful.

Writing your bid

When writing your bid you should use the forms and guidance below:

Please note the bidding forms and guidance were revised in January 2010; please do not use previous versions

You will need to satisfy a number of primary and secondary criteria in your proposal. Your bid will then be objectively assessed against these criteria before we decide whether to award funding. You will also need to stipulate whether you are creating jobs for young people (aged 18-24), those in unemployment hotspots (areas where the claimant unemployment rate is 1.5 percentage points above the national average) or a combination of the two.

Bids should be submitted to the Future Jobs Fund email inbox by the last working day of each month. Bids will then be assessed in monthly batches with bidders notified of the final decision within 6 weeks.

Please note:

Increasing Delivery: We have asked all successful bidders to the Future Jobs Fund to ensure that vacancies are notified quickly, and where possible to notify all vacancies by the end of February. This is to ensure that we are able to deliver the guarantee of a job, training or work experience for all long-term unemployed young people during the recession. If you are an employer within a Future Jobs Fund partnership and this has not been communicated to you then please contact your Lead Accountable Body in the first instance.

In addition, all successful bidders to the Future Jobs Fund will be given the opportunity to increase the number of jobs they deliver by up to 100%, subject to achieving a satisfactory performance level, 80% of cumulative profile, and to the availability of eligible individuals in the delivery area. If accepted, these additional jobs will be awarded without the requirement to re-bid to the fund. This offer represents part of the terms of bidding to the fund and is open to all successful bidders for the lifetime of the fund. Full details of this offer are available upon request.

What next: the assessment process

The assessment process began in May 2009 and runs on a rolling month-by-month basis. Bidders should expect to find out whether they will receive funding within 6 weeks of the monthly cut off.

Current bidding opportunities

The Future Jobs Fund continues to seek bids from around Great Britain.