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News: £52m cash injection for UK science skills

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9th Jul 2014
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The UK science sector is to receive £52m to improve skills and training, in a bid to generate over 7,800 education and skills opportunities over two years.

The government-backed funding was announced by science minister David Willetts, at the launch of the Science Industrial Partnership (SIP), a consortium of 100 leading science sector employers, led by pharmaceutical giant GlaxoSmithKline.

The partnership will design vocational training and skills programmes for the life sciences, chemicals and industrial science sectors, and aims to deliver 1,360 apprenticeships, 240 traineeships, 150 industry degrees, 230 Masters degree modules, 5,900 workforce development opportunities, as well as plans to attract young people into STEM jobs.

“The science based industries are critical to our future prosperity – and higher skills are the key driver of their competitiveness,” said Willetts.

“Our investment will help the industry to take the lead investing in the skills they need.”

The government will be contributing £32.6m, with £20m from employers, as well as £31m in-kind contributions.

Joanna Woolf, CEO of Cogent, the expert skills body for the science industries, added that the SIP is about job creation, talent development and sector growth.

“The SIP focuses on new career pathways into industrial science and medical technology careers as well as on the skills in innovation needed right across the sector.”

The funding formed part of a successful bid into the £340m Employer Ownership Pilot, a competitive fund available to employers who can demonstrate how they would better use public investment, alongside their own, to invest in the skills of their workforce, and help boost the UK economy.

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By JackGordon
22nd Jul 2014 06:11

From the one hand that is great that government gives so much money for development of science but on the other hand government has to support poor people .  It’s a pity that simple people now are poor and they have to search any ways of taking money. Some of us enjoy applying for a quick loan online on the Britain Loan website because it’s the only solution for people with bad credit. I know that some people don’t trust pay day loan companies. But it’s really great decision because the rates are stable and low. Our government has to pay attention on people who live in this country and help them.

 

 

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