funding

No more government pole dancing courses as funding for training axed

Wed, 05/03/2014 - 12:33 -- nick

More than 5,000 training courses are to lose funding as the government cuts the money it provides.

These courses are of "low value" according to the Department for Business, Innovation and Skills, and do not warrant public support.

Those cut include balloon artistry, self-tanning and instructing pole fitness - the 'art' of pole dancing for health.

Skills minister Matthew Hancock said the aim was to make the courses focused more on the needs of employers, as well as ensuring there was a more reliable route into work:

Business start-up loan scheme now open to 25-30 year olds

Thu, 03/01/2013 - 12:28 -- nick

The government is expanding its young people's business start-up loan scheme through the Start-Up Loans Company.

The scheme had previously been open to those aged 16-24, but it is being extended to include 25-30 year olds.

The total funding available will rise from £82m to £112m, ensuring the older borrowers will have their needs met.

The scheme has lent out only £1.5m to date, despite the scheme being announced in May 2012, although it will run until April 2015.

It is hoped that 100,000 jobs will be created.

Charities face financial problems over Work Programme

Thu, 04/10/2012 - 15:12 -- nick

The Work Programme is not financially viable for the majority of charities, according to the excellent article below. The Guardian has found that seven out of every 10 charities that deliver Work Programme activities may have to pull out because they cannot afford to continue. The major issue is that most of the money received under their contracts is paid up to a year after they have provided their services. In the current climate of cuts to public funding many charities no longer have other money to fall back on, and it is only surprising that more are not struggling already.

£100m lottery funding for youth unemployment

Thu, 28/06/2012 - 12:04 -- nick

The Big Lottery Fund is today (Tuesday) launching Talent Match, an ambitious £100 million investment aimed at tackling youth unemployment in areas of England hardest hit by the economic downturn.

The ACEVO Commission on Youth Unemployment has estimated that the issue will cost £10.7bn in lost output during 2012 alone.

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