We are committed to developing a well-motivated workforce with the skills that business needs. We need to ensure that the SEP target of 33,000 new jobs created by 2021 is not hampered by lack of available skills: ‘our workforce will be the lifeblood of our economy: young people will be inspired and older workers valued...’
This programme is where the investment of European funds most directly supports the implementation of our Strategic Economic Plan and where the LEP provides key evidence – labour market intelligence and economic data – to inform the interventions of skills providers.
Skills Capital Prospectus
The focus of the Skills Capital Prospectus is to provide high quality learning facilities that contribute to economic growth and meet labour market requirements within Berkshire.
Call for Proposals is now closed
In September 2019 we launched a new prospectus to award the final £1.75m from the Local Growth Fund for skills capital investment in Technology, Engineering and Science, Health and Social Care, Construction and Education. The new 2019 prospectus is available here and was seeking proposals that provide good strategic fit by addressing local skills needs that in turn supports the economy and local businesses to grow.
Six Expressions of Interest were received and the Skills, Education and Employment (SEE) Strategy Group invited five applicants to submit a full business case. These are now being reviewed by the LEP’s independent assessor and will be considered by the SEE Strategy Group and then the LEP Board. Funding decisions should be made by the end of January 2020, for projects to be completed by March 2021.
The prospectus makes reference to the Berkshire STEAM Strategy. This document is based upon research carried out by the University of Warwick on behalf of the LEP. Applicants and others may find this a useful reference resource: https://warwick.ac.uk/fac/soc/ier/research/advizastem/stem_final_report_160517.pdf