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Town's MP announces more cash to boost training

Monday, 25th February 2013.

Haverhill's MP Matthew Hancock has announced further investment to help companies set up the training schemes they need to meet specific skill requirements.

A total of 150million has been put into the second round of the Employee Ownership Pilot (EOP), a scheme designed to get funding directly to employers so that they can deliver more flexible training packages. Total investment in the EOP has now reached 240million.

This pilot has already seen 1.9million committed to projects across the East of England. Funded projects include providing pre-employment training, extending apprenticeships to supply chains and increasing the number of female apprenticeships.

Mr Hancock said: "For British businesses to succeed and compete in the global race, they need a highly-skilled workforce that can meet the challenges of the future.

"With applications for round two now open, I would urge businesses particularly small companies to consider how the fund can help them grow, from creating new apprenticeship programmes to setting up specialist training academies."

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