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Growth and Innovation Fund to help boost UK skills development from 2012

Drives to counter the UK's skills shortage are set to receive a welcome boost next year, with the government's announcement of around £60 million to help businesses develop the skills they need to succeed in today's challenging economic climate.

The Growth and Innovation Fund (GIF) provides help for employer groups to overcome barriers to growth within their sectors and industries. The Department for Business, Innovation and Skills (BIS) has announced it will provide a total of £34 million for 2012-13, with a further £29 million available to bid for. This sum will be supplemented further by matched funding from businesses.

Helping workers to develop their skills and providing opportunities for young people to master new ones sits at the heart of the government's strategy for addressing the current skills deficit.

Recent research has indicated a particular crisis in leadership and management skills in the UK - skills which are deemed to be crucial for improving productivity and boosting economic growth. Acas provides training to improve management and supervisor skills in the workplace to help increase performance and improve productivity. Acas experts can also go in-house to help identify specific management issues and tailor training and support to address the challenges faced by individual organisations.

Visit the Acas training and business solutions page for more information.

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