To ask the Secretary of State for Business, Innovation and Skills, what recent support he has provided to small businesses.
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Daniel Kawczynski MP for Shrewsbury and Atcham, has welcomed further investment to help companies set up the training schemes they need to meet specific skill requirements.
£150 million has been put into the second round of the Employee Ownership Pilot (EOP), a scheme designed to get funding directly to employers so that they can deliver more flexible training packages. Total investment in the EOP has now reached £240 million.
This pilot has already seen £2.9 million committed to projects across the Midlands. Funded projects include providing pre-employment training, extending apprenticeships to supply chains and increasing the number of female apprenticeships.
Welcoming the announcement, Daniel Kawczynski said:
‘Investing is employee training is a smart move for any company that wants to grow and compete. Businesses in my constituency have many talented staff – and I urge them to apply for this fund to help them offer their workforce the training they want.’
Skills Minister Matthew Hancock commented:
‘For British businesses to succeed and compete in the global race, they need a highly-skilled workforce that can meet the challenges of the future.
‘With applications for round two now open, I would urge businesses – particularly small companies – to consider how the fund can help them grow, from creating new apprenticeship programmes to setting up specialist training academies.’