University College Isle of Man (UCM) and the Manx government's Skills Board are set to host a pivotal event focused on the advancement of young professionals through apprenticeships. Scheduled to take place at UCM's Homefield Road campus, the event invites firms to pre-register and begins at 16:00 GMT. The aim is to underscore the significance of nurturing the capabilities of young workers, an initiative deemed crucial for both industry growth and workforce development.
The event will feature a panel comprising leaders from both the business and public sectors. Notable speakers include Peter Reid, chairman of the Skills Board, and Olly Newton from the Edge Foundation. The Edge Foundation is renowned for its commitment to enhancing young people's skills through educational programs.
"As business leaders, entrepreneurs and managers, we are all aware of the part we play in developing the next generation of the workforce," said Peter Reid.
The focus of the discussion will be on the evolving landscape of apprenticeships. Once limited to traditional trades such as construction and engineering, apprenticeships have now expanded into sectors like technology, healthcare, and finance. This shift has proven successful, offering a model for firms looking to grow by investing in the skills of their future employees.
The Manx government's Skills Board has played a pivotal role in supporting this initiative by partnering with UCM. Last year, they introduced increased grants to incentivize training in sectors identified as having "national importance." This move aims to attract more firms to participate in apprenticeship programs, thereby contributing to the broader economic growth.
Peter Reid emphasized that while developing young talent is crucial, it must align with business objectives.
"most of all we have to make sure that this endeavour supports business operation, goals and growth," he stated.
Olly Newton's participation brings additional expertise to the conversation. His work with the Edge Foundation highlights the necessity of upskilling and underscores how apprenticeships can serve as a powerful tool for equipping young people with the skills needed in today's dynamic job market.
