Great news for UK Creative Industries as Skillset award £32m Investment Fund

Great news for anyone involved in the Creative Industries within the UK, as Creative Skillset has today announced a new £32m Skills Investment Fund to support creative growth.

The new fund from SKILLSET is aimed at addressing skills gaps and shortages in the growth sectors of film, animation, high-end TV, games and VFX within the UK. Industry co-investment to meet identified priority skills needs will be matched by the Treasury of up to £16m over two years. For every £1 invested by the UK industry, Creative Skillset says it will match £1 from the Fund, leading to a total of £32m for potential investment.

The fund itself will invest in a range of new and exciting initiatives, from new entrant training to continuous development for professionals already working within in the industry. Some of these floated could include boot-camps and apprenticeships, subsidised training schemes, short courses and shadowing and mentoring programmes.
The film, high-end TV and animation sectors will contribute to Skillset’s fund through production levies and other co-investment.

Here at All Ablaze Productions, we think this is some of the best news we’ve heard from the government since the axing of regional screen agencies, and closing the future jobs scheme in 2011, and we are very excited for some of the opportunities that lie ahead!