Mayor of London hands out £25m to tackle skills crisis
London mayor Sadiq Khan is attempting to tackle the looming skills shortage in the capital by handing out over £25 million in funding to further education projects, designed to boost technology and digital skills, as well as take up of STEM subjects.
The £25.7 million investment in skills is part of a funding pot of £114 million which will be spent over the next four years through the Skills for Londoners Capital Fund.
The initiative aims to deliver 21st-Century, fit-for-purpose education and training facilities at further education colleges and other providers across London.
The list of projects includes a £5 million investment for Barking & Dagenham College to build a Centre for Advanced Technologies, which will provide training in digital technologies and the creative industries and a learning hub focused on science, technology, engineering and maths (STEM) subjects at Newham Sixth Form College.
Meanwhile, a programme to boost digital, gaming, music and creative skills will be funded at Big Creative Education in Walthamstow, and City Lit will receive money to develop a new design and digital hub.
Khan said: “The increase of globalisation and automation in the workplace brings both challenges and opportunities. These projects are great examples of how innovative institutions can deliver the skills which will increasingly be in demand as London grows and changes over time."