Funding Opportunities for Training and Skill Development in Wales

In today’s dynamic job market, the importance of continuous learning and skill development cannot be overstated. As industries evolve and new technologies emerge, individuals must adapt to stay competitive in their careers. Fortunately, there are various funding opportunities available in Wales to support individuals in accessing training courses and improving their skill sets. In this article, we will explore three prominent funding programs: ReAct Plus, Personal Learning Account (PLA), and the Flexible Skills Programme, designed to empower individuals with diverse educational backgrounds to pursue further training and advancement.

1. ReAct Plus: Overcoming Redundancy

The ReAct Plus funding program is a lifeline for individuals facing redundancy or unemployment within the last 12 months. Administered by Working Wales, this scheme aims to support individuals aged between 18-24 who are not in education, employment, or training (NEET). The funding covers the cost of training courses, enabling recipients to gain new skills and boost employability prospects.

Eligibility Criteria for ReAct Plus

To be eligible for ReAct+ support you must be aged 18+ and be a resident in Wales with a right to live and work in the UK and either:

• Currently under formal redundancy notice, or
• Have been made redundant or unemployed in the last 12 months, or
• Aged between 18-24 and not in education, employment, or training

If you meet these criteria, you can explore the diverse training courses available and apply for funding through the ReAct Plus program. You may be able to access ReAct+ funding to help cover to cost of our training courses. More information is available at:  https://workingwales.gov.wales/how-we-can-help/react-plus

2. Personal Learning Account (PLA): Unlocking Opportunities for Upskilling

The Personal Learning Account (PLA) initiative offers a unique opportunity for individuals living in Wales who wish to pursue part-time courses while balancing existing responsibilities. The program aims to facilitate career transitions and enable individuals to gain valuable qualifications in priority sectors.

Eligibility Criteria for PLA

• Reside in Wales
• Desire to gain skills and qualifications in priority sectors
• Be 19 years old or above

Additionally, applicants must meet at least one of the following criteria:

• Employed (including self-employed), earning below the median income
• Working on a zero-hour contract
• Employed as agency staff
• At risk of redundancy
• An offender on day release

College across Wales are offering courses through the PLA, check the course listing to see if the course can use PLA funding. Find out more: https://workingwales.gov.wales/personal-learning-account

3. Flexible Skills Programme: Addressing Industry-Specific Skill Gaps

The Flexible Skills Programme is a strategic funding initiative aimed at upskilling the workforce in Wales to meet the demands of various industries. It targets the development of advanced digital skills and focuses on addressing skills gaps in priority sectors, including Digital, Export, Engineering and Manufacturing, Creative, and Tourism and Hospitality.

Eligibility and Supported Areas for Flexible Skills Programme

The funding program is primarily designed to assist businesses in upskilling their staff, with a focus on the following areas:

• Developing advanced digital skills
• Addressing export-related skills challenges
• Bridging skills gaps in the Engineering and Manufacturing Sector
• Enhancing skills in the Creative Sector
• Filling skill shortages in the Tourism and Hospitality Sector

Employers and individuals seeking funding for training programs in these specific domains can access detailed information on eligibility and application procedures at: https://businesswales.gov.wales/skillsgateway/flexible-skills-programme

Whether you’re facing redundancy, seeking career transitions, or aiming to address skills gaps in your organisation, these funding programs in Wales can be the stepping stones towards a brighter and more promising future.

Find out more about the training we offer: Training and Skills