Treasury puts up money to fund Skills Strategy
A quarter of a million pounds of taxpayers’ money could be spent on helping to ‘accelerate’ projects that will ensure the Isle of Man has a ‘future ready workforce’.
Treasury has agreed to start a new fund which will mean the Isle of Man Skills Board can action its 'skills strategy'.
The three-year plan was backed in Tynwald in May.
The funding means projects which aren’t covered by existing government budgets will be eligible for financial support.
Board chair Peter Reid said: “The new fund will be a catalyst for action and accelerate the delivery of projects to define and close the skills gap.
"This initiative underscores the board’s commitment to addressing the skills challenge ensuring a workforce that meets the needs of employers both now and in the future.”
Government aims to create, and fill, 5,000 new jobs by 2032.
Police name victim of fatal road traffic collision in Onchan
Island gives new Director of Public Health a warm welcome
Sailings to go ahead as planned
Police seeking witnesses following altercation in Castletown
