Partner Article
Leeds LEP invests £4.6m in SME apprenticeships
SME apprenticeship schemes in Leeds region will receive a £4.6m cash injection from its Local Enterprise Partnership (LEP).
Leeds City Region LEP hopes to use the Government funding to create a variety of programmes before 2015, and potentially create 2,500 more apprenticeships with small and medium-sized businesses.
Eight “Apprenticeship Hubs” will be formed along with two new “Apprenticeship Training Agencies” (ATAs) in a bid to provide clearer and more accessible information for young people and parents.
The proposals also hope to make it easier for SMEs to take apprentices on by cutting back on red tape.
Neil McLean, chair of the Leeds City Region LEP commented: “Our recent report on apprentices indicates that a number of businesses within Leeds City Region are either unaware of the apprenticeship schemes available for their sector or feel the system is overly bureaucratic and costly.”
“We aim to change all that. Our initiatives will help businesses access information, streamline processes and offer access to alternative options.
“This is an investment with long lasting benefits that will help expand the number of opportunities for sustainable jobs available, reducing the numbers of young people who are NEET and at the same time supporting the growth of our economy.”
Councillor Peter Box, chair of the Leeds City Region Leaders Board, added: “We know that every £1 invested in apprenticeships generates £18 back to the economy; so investing in apprenticeships is a fantastic way to support our economy and at the same time help us tackle high youth unemployment and reduce NEETs across the city region.”
The LEP will develop Apprenticeship Hubs in eight locations, including Leeds, Bradford, Wakefield, Kirklees, Calderdale, York, Barnsley and North Yorkshire, which will cover Craven, Selby and Harrogate.
This was posted in Bdaily's Members' News section by Miranda Dobson .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs