ImpactAlpha, April 18 – A recent survey of UK executives found that most believe the workforce lacks both digital and general skills. The Ufi Charitable Trust was formed in 2010 with a £50 million mandage to foster digital tools as a means to vocational training. The London-based trust awarded eight winners between £150,000 and £300,000 ($215,000 to $430,000) through its VocTech Impact 2017 challenge fund.
- Winners included… Open University for its online network engineering program and Bridgwater & Taunton College for its real and virtual reality “workplace simulations” for nuclear power station workers.
- Other recipients included… non-profit National Numeracy, which helps adults build everyday math skills and consultancy Sara Dunn Associates for a care worker “micro-learning” initiative.
UK-based private equity fund Palatine has also made recent investments in UK workforce development through its impact fund.