w500,000 training fund available for private sector

Private sector companies in Louth are being encouraged to apply to a new training fund, announced this week by Skillnets, the national training and upskilling body.

Private sector companies in Louth are being encouraged to apply to a new training fund, announced this week by Skillnets, the national training and upskilling body.

The w500,000 fund is open for applications until 30th April 2013.

Groups of companies must join together to form a network to apply for funding.

Groups can be formed on a geographical or sectoral basis, once member companies have identified common training needs amongst their employees.

Networks hoping to receive funding under the new round must complete an online registration form by 31st March before then submitting a complete application by the 30th April deadline.

Skillnets currently funds and facilitates training through 55 networks of companies in a range of sectors and regions.

Each network delivers training relevant to the needs of specific industries and member companies.

To date, Skillnets has facilitated over 60,000 Irish enterprises to upskill over 275,000 employees.

In addition, the organisation has trained over 9,000 job-seekers since 2010.

Under the fund announced this week, Skillnets will make grants available to new training networks to pilot the delivery of training.

Successful applicants will be required to provide matched funding of at least 50 per cent of all costs associated with training delivery.