Act now and apply for multi-million engineering skills fund

Darrell Matthews, EEF North West Region Director

EEF, the manufacturers’ organisation, is urging local manufacturers to take advantage of a £30 million Government matched funding scheme to give employers the skills they need to realise their growth ambitions.

The scheme – the Employer Ownership Fund – gives employers 50% matched funding for training projects designed to address skills shortages affecting their business.

The first £20 million of the fund is currently open for employers looking to develop projects aimed at improving engineering careers and increasing the number of women in the sector. The final £10 million, to develop engineering skills in smaller companies, will be made available soon.

However, companies are being told to act quickly - the deadline for applying for funds from the £20 million pot is 5th December and funds are being distributed on a first come first served basis. And with Tomorrow’s Engineers Week putting a career in engineering in the spotlight, the concern is that some companies could miss out.

Darrell Matthews, North West Region Director at EEF, says: “With the spotlight on careers in engineering, it’s a good time to remind employers that this funding is available, but may not be for much longer.

“The important thing for companies is that this scheme is simple, easy to access and could fast-track growth plans. Over seven in ten manufacturers say they are going to increase investment in training and recruitment in the next two years. This funding could bring their plans forward, delivering productivity, growth and gainful employment at a much faster rate.”  

For more information on the Employer Ownership Fund visit: https://www.gov.uk/government/publications/employer-ownership-improving-engineering-careers;

Companies with questions regarding the funds can contact BIS at: employerownershipenquiries@bis.gsi.gov.uk