Vince Cable unveils £16m funding pot for creative industries

Government to match industry investment to boost skills for the UK’s creative sector

Business secretary Vince Cable has announced that £16m funding will be made available to the creative industries to support the UK’s position as a “world leader” in the creative sector.

The funding, which will come from the Employer Ownership of Skills (EOS) pilot scheme as well as a range of creative organisations, will match industry investment to help boost the skills of the “current and future” creative workforce.

Government will be working with business owners from across the creative sector to support and “inspire” young people to take up positions in creative industries to help companies grow.

The pot will go towards developing these employer-designed skills training programmes, helping the creative industry to identify and tackle skills challenges, as well as encouraging better co-ordination and communication between employers, training and education providers.

Discussing the announcement at the launch of creative industries strategy Create UK, Cable said:

“The creative industries play a key role in the UK economy. British fashion designers, publishers, software developers, TV and filmmakers have put the UK on the world map with their creative talent.

“They have also played a big part in driving our economic recovery. UK creative industries generate £71 billion in revenue each year and support 1.71 million jobs.

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“We are committed to helping this vital sector grow. Developing the skills of the creative workforce lies at the heart of this.”


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