Growth and Innovation Fund
The Growth and Innovation Fund (GIF) is currently supporting 37 employer-led projects aimed at levering in greater investment in the skills our economy needs to fulfil its growth potential. Public investment in this portfolio of projects totals £41m which has been more than matched by £55m of investment by employers.
View the GIF projects in the investment portfolio.
For the next phase of GIF, we are aligning the fund alongside the Employer Ownership Pilot, encouraging employers to bring forward powerful, integrated, proposals for industrial partnerships to take wider responsibility for skills development in a place or sector. As well as covering the cost of training places (as supported by the first round of Employer Ownership Pilot), these proposals may include investment in underpinning arrangements to ensure skills needs are better met, such as new employer networks, skills frameworks and training delivery mechanisms (as supported by GIF). Potential applicants will now be able to engage with a single process to put forward these integrated proposals, rather than having to apply separately to both funds.
View the new Employer Ownership prospectus, launched on 16 November 2012 by Matthew Hancock, Minister for Skills.
If you have questions about existing applications to the Growth and Innovation Fund please contact us at firstname.lastname@example.org