Investment
One of the UK Commission’s key activities is to stimulate employer investment in skills. To do this two funds have been launched: the Growth and Innovation Fund and the Employer Investment Fund. These funds will support employer-led initiatives to increase the contribution skills make to enterprise, jobs and growth. So far we have invested £75m in 89 projects across 20 diferrent employer-led organisations. Our £75m has been matched by £19m of direct employer investment and £38m of employer in-kind support. Summaries of all projects can be seen on the portfolio page.
Bringing industries and sectors together to improve the skills and productivity of their workforces is an important and exciting part of our work and one of the UK Commission’s main priorities. To help achieve this goal we are co-investing in employer-led solutions that have the potential to raise skill levels to drive enterprise and economic growth, and to create more and better jobs. To aid us we want to see a high level of support and commitment from employers and we will give priority to those solutions that can clearly demonstrate this.
All of our investment decisions are made by our Commissioners: a group of high-profile leaders from large, small and medium enterprises from the public, private and voluntary sectors. All are committed to investing in the skills of people to drive, enterprise, jobs and growth.
