Skills Bank

Skills Bank is a programme that puts employers from across the region in charge of their own skills and training needs.

Developed by the Sheffield City Region Local Enterprise Partnership, the programme enables businesses to invest in their workforce and improve their productivity.

Private sector investment is matched with public funding to help businesses to deliver bespoke, tailor made training.

Skills Bank brings about a new culture in the skills system; a flexible pot of funding which empowers employers to choose their training provider and invest in the skills that they need to support business growth.

Key features of the Skills Bank include:

  • Access to funds for bespoke, tailor made training
  • Skills Advisors who can help to support you in defining your skills needs
  • An approved list of quality training providers
  • Flexibility to choose from an approved list of suppliers or to find a provider specific to your needs

Skills Bank is an innovative skills investment programme. Designed to support growth within businesses through investment in training, it provides flexible funding to deliver bespoke, tailored training. Driven by employer-need, approved ‘deals’ allow a business to decide who, how and where training is delivered.

Through our Growth Hub which offers specialist business support we have a team of Skills Advisors who can work with businesses to understand how an investment in training can support plans for growth, how to apply (where appropriate) for funding, and to connect with high quality training providers.

Find out more here.