City Deal creates thousands of new jobs and apprenticeships in Leicestershire
24 Mar 2014 04:39 PM
Leicester and Leicestershire have agreed with
the government a multi-million pound City Deal to boost the local
economy.
The
Deputy Prime Minister, Nick Clegg, and Minister for Cities, Greg Clark,
announced the Leicester and Leicestershire City Deal which will create
thousands of new jobs and apprentices today.
The
Leicester and Leicestershire City Deal aims to halve youth
unemployment by establishing the Leicester and Leicestershire ‘Young
Persons Pledge’. This pledge commits the area to provide all 16 to
24-year-olds with the chance to secure sustained employment, education and
training and is underpinned by the Leicester and Leicestershire ‘to
work’ programme. This programme will:
- establish a case work support service that will provide
personalised help for young people to give them the help they need to improve
their education, seek training, secure an apprenticeship or get a
job
- set
up an Employment and Apprenticeship Hub that will drive up demand in local
businesses for apprenticeships, traineeships and other national employment
schemes
- create an innovative new employment and training scheme
that will help 200 young offenders into work
- establish local youth employment schemes that complement
national programmes
The
ambitious deal will create 1,400 new jobs and 4,000 new apprenticeships and
traineeships in Leicestershire. In total the deal will unlock over £130
million of public and private sector investment.
Deputy Prime Minister Nick Clegg said:
We’re giving Leicester the freedom, power and
tools to be really innovative and design whole new ways of building a stronger
economy and fairer society. This City Deal puts power in the hands of local
people who know best what skills are needed in the area to give it a real
chance of changing the fortunes of thousands of people across
Leicestershire.
Greg Clark, Minister for Cities, said:
Youth unemployment is already on the downward slide and
this City Deal, proposed by local business, civic and university leaders in
Leicester and the surrounding county, will help reduce it even more. By helping
to grow local small and medium sized businesses, we will encourage and support
more to take on trainees and apprentices to ensure the skills remain in the
region. That way order books fill up and more young people have jobs. I’m
delighted to be able to say ‘yes’ to the deal.
In
addition to flagship youth unemployment programme the Leicestershire City Deal
will also:
- provide funding to support the expansion of Loughborough
University Science and Enterprise Parks
- provide a range of tailored business support programmes
that will help grow small and medium enterprises
- establish a new pan-Midlands supply chain initiative
that will support the growth of manufacturing and engineering small and medium
enterprises
- enhance joint working between local authorities and the
Homes and Communities Agency to co-ordinate the disposal and development of
publicly owned land
Leicester and Leicestershire is the 16th of the 20 Wave 2 areas to conclude their City Deal.