A Liverpool careers and enterprise company has invested £113,000 to support tens of thousands of young people into work.
Careers and enterprise programmes in and around Liverpool will have over £113,000 invested to help more than 35,000 young adults get into the workforce.
Careers & Enterprise Company who are backed by the government, revealed the successful bidders to receive funding from their £5million Investment Fund on Thursday.
The money will help the best of the career and enterprise programmes provide students who need it most, the opportunities to find a job.
50 organisations were selected across the UK, with four of those coming from Liverpool, who help find work experience, enterprise education, volunteering and skill development.
The four organisations in Liverpool were The Princes Trust, Debate Mate Ltd., OnSide Youth Zones and Engineering UK.
The funding came after the company announced it’s enrolled up to 1,700 secondary schools and colleges to its network, 162 of those from the Liverpool City region.
The Company’s Enterprise Adviser Network helps school and colleges students connect with a network that can provide meaningful encounters and experiences in the world of work.
Education secretary Justine Greening, said: “Good careers advice is vital in inspiring and helping young people to make smart, informed choices about their futures – whether that’s going off to university, starting an apprenticeship or kick starting a career.
“The Careers & Enterprise Company has reached out to thousands of young people to give them advice and support to ensure there are no limits to their potential. It’s great to see the programmes continue to take shape across the country and positively impact young lives.”
Claudia Harris, Chief Executive of the Careers & Enterprise Company, said: “I am delighted we have been able to invest £5million to scale up proven careers and enterprise programmes in areas of need, focussing on careers and enterprise ‘cold spots’. I am grateful to the Education Endowment Foundation and the Bank of America Merrill Lynch for their significant contribution to help build the evidence base.
“Our first fund has delivered ahead of schedule to provide careers and enterprise support to more than 250,000 young people including 170,000 new STEM encounters with business. It has also engaged more than 3,000 new employers working with young people for the first time.
“The best research shows that young people who have 4 or more encounters with the world of work while in education are 86% less likely to be NEET – not in education, employment or training – and on average will go on to earn 18% more than their peers who did not have such opportunities. So we know this funding is making a real difference to employment outcomes for young people and the future of our economy.”