Form the Future has secured £75,000 worth of investment from the Careers & Enterprise Company to support young people in Cambridge and surrounding areas. The investment will help us expand our careers and enterprise programme to help young people make the transition from education to the world of work. With this we will provide 50 enterprise and employability skills events in schools and extra intensive support to students to help them secure work experience, in both mainstream and special schools.
This fund was only possible when Form the Future raised the required match funding of £7,500 in 10 days from local people and companies including A14, ARM, Astra Zeneca, Cambridge BID, Cambridge University Press, Cofinitive, CRFS Ltd, Eastern Academic Health Science Network, Marshall, Mott MacDonald, Mundipharma and RK Print.
In total, the government-backed Careers & Enterprise Company will distribute funding worth £5million to 50 organisations across the country, supporting 160,000 pupils as part of its latest Investment Fund.
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’.
“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.”
For more information about the Careers & Enterprise Company’s Investment Fund visit www.careersandenterprise.co.uk/investment.
To find out more about how we support work experience or the employability skills events we host for students, please get in touch at info@formthefuture.org.uk.
