The Chancellor of the Exchequer Rishi Sunak MP has announced that the government will invest £3 billion in employment, training and education schemes for 16 to 24-year-olds.
As part of the economic statement today, July 8th 2020, Mr Sunak confirmed several key education, training and skills related developments. They include:
Angela Foulkes, Chief Executive and Principal, The Sheffield College, said: “We welcome this vital investment in education and training for young people and employers to support a skills led recovery from Covid-19. We also recognise the importance of the FE sector continuing to lobby the government for further investment in adults skills and retraining, which is a major priority for Sheffield City Region."
She added: “The Sheffield College will be at the forefront of working with employers and stakeholders across the city to ensure that learners access education and training opportunities and get the skills to start and go further in their careers. As the economy recovers, employers will need talented learners with the relevant skills for their businesses to grow.”
The College is the largest provider of apprenticeships in Sheffield and Sheffield City Region and works with approximately 850 employers supporting around 2,800 apprentices on 139 apprenticeship programmes.
During the Covid-19 pandemic, the College has supported apprentices to be able to continue their learning. This has included loaning devices to enable them to access online learning and complete assessments.
Recent research has shown that in 2017/18, former College apprentices employed in the Sheffield City Region workforce contributed £9.2 million in added income.
Employers, according to the EMSI research commissioned by the College, receive £1.30 in return for every £1 invested in the College’s apprentices, as those apprentices become more competent, skilled and productive.
The College provides apprenticeships across a range of sectors including horticulture, childcare, business administration, sales, engineering, catering, pharmacy and human resources.
For more details on what the statement means for further education colleges in England, and a breakdown of some of the funding, please visit the Association of Colleges website here.
For more information about courses starting this September, please click here or call 0114 2602600. Follow @SheffCol @ShefColEmployer
The Sheffield College is a further education college that provides academic, vocational and professional qualifications to approximately 16,000 young people and adults. Its mission is to transform your life through learning. The College offers a broad curriculum that includes apprenticeships, vocational diplomas, A Levels, access courses, and foundation and honours degrees, and has four main campuses: City, Hillsborough, Olive Grove and Peaks as well as two centres at Fir Vale and Eyre Street.
More than 16,000 students and apprentices studied with the College during the last academic year 2018/19. Of those learners, 2,800 were apprentices. The College works with approximately 2,150 employers and its economic impact on Sheffield City Region annually is approximately £282.5 million. Source: EMSI Economic Impact Study 2019.