The UK government will invest £30 million in the country’s engineering sector, Matthew Hancock, Skills and Enterprise Minister, has just announced. The money will go towards increasing the supply of engineers, inspiring women to join the sector and eliminating skills shortages in small engineering businesses.
One third of the overall sum will be allocated to the “Developing Women Engineers” initiative. Another £10 million will be invested in “Improving Engineering Careers” and the remaining £10 million will be used to help small businesses to cultivate the talents they need.
Engineering skills are essential for the UK economy, in the words of Hancock. In order to stay competitive on a global level the UK will need a good supply of skilled engineers. The minister believes that by investing in the workforce and by encouraging women to join engineering, the industry will be able to unleash its full potential.
The initiatives are supported by more than 170 major organisations from business, education and the third sector. The investment is expected to create around 2,000 job opportunities. The aim is to ensure diversity in the workforce and attract additional talent for jobs related to science, technology, engineering and maths.
Nicky Morgan, Minister for Women, said she was pleased with the £10 million “Developing Women Engineers” project. Morgan thinks that beliefs about engineering being a man’s job belong in the past. Without women, the size of the talent pool available to engineering companies is drastically reduced, she said.
Skills shortages are a major problem that challenges many companies within the engineering sector, according to manufacturing organisation EEF’s chief executive Terry Scuoler. Companies are doing their best to develop their current and future employees and this investment will encourage them to adopt innovative solutions which will provide them with the skills and talents required, according to Scuoler.