Fund launched to create more apprenticeships in London
The Greater London Authority and a leading think-tank have launched a fund to provide apprenticeships opportunities to London businesses affected by coronavirus.
The London Progression Collaboration – a joint venture between the Institute for Public Policy Research (IPPR) and City Hall– has already received £500,000 in pledges from companies including the BBC, Amazon, Pearson and Avison Young.
The Reskilling for the Recovery Fund will see cash given to small firms in London for apprenticeship training for new and existing staff, City AM has reported.
Businesses in industries worst affected by the pandemic, including hospitality, retail and construction, will be prioritised.
The new fund comes as Boris Johnson announced last week that every young person in the UK will have access to an apprenticeship in the wake of the Covid-19 economic crash.
And education secretary Gavin Williamson said he “applauded” the new Reskilling for the Recovery Fund.
“Apprenticeships are a brilliant way to get into a wide range of rewarding and valuable careers and provide the high-quality skills employers need and that will support our economic recovery,” he said.
Amazon UK manager Doug Gurr added:
“We want to back the wider small business community through this apprenticeship levy transfer fund, ensuring businesses are able to access new talent and give people the opportunities to succeed in the digital age, regardless of their background.”