The North West could benefit from a £1 Million investment fund that has been launched by Creative England and Nominet Trust to support new and established SMEs working to close the digital skills gap for young people currently excluded from our digital-by-default society.
The fund has been set up to address the need of the half a million 16-24 year olds who lack even basic IT skills, in a economy that see digital skills as a necessity, with almost 90% of new jobs requiring some degree of ability.
According to the Office National Statistics, 72% of employers wouldn’t interview a candidate without these skills. This digital skills crisis is even more acute in regions outside London, where in some instances, people are over 20% more likely to lack the understanding they need to utilise digital technology.
iAMDigital will identify and invest in scaleable SMEs, with investments ranging from £50,0