The additional funding was announced as Skills Minister Matthew Hancock travelled to Nottingham to meet young people already taking part in the scheme.
Traineeships, which began in August, provide 16 to 23-year-olds with the skills, experience and confidence to compete in the labour market – helping them secure Apprenticeships or other jobs.
More than 500 providers have pledged to take on trainees this year and so far 150 companies, both large and small, have all expressed an interest in offering placements to young people. They include household names such as BAE Systems, Siemens and Virgin Media.
Skills Minister Matthew Hancock said: “Traineeships give young people the helping hand they need to compete for Apprenticeships and other jobs.
“The programme is off to an excellent start with strong backing from employers and training providers.
“We have responded to this demand by providing additional investment and in time traineeships will become the clear route for young people looking to get the crucial grounding they need in the world of work.”
Traineeships are part of the government’s wider aim to ensure the future workforce possess the skills employers want in their employees.
Traineeships last a maximum of six months and provide:
– Work preparation training such as interview preparation and CV writing.
– Support to improve English and maths skills.
– A high-quality work experience placement (between six weeks and five months).
– Training from providers who are rated ‘Outstanding’ or ‘Good’ by Ofsted.
Chris Starling, Head of Apprenticeships, Virgin Media said: “Traineeships are a great opportunity for both parties, not only can the employer get to know the trainee but the trainee can get real exposure to the type of career that is available and make an informed decision that is best for them.”
Maurice Daw, chief people officer, Virgin Media said: “Our very first trainees are now being taken on as full time field technicians, so we’re delighted with the traineeship scheme. The experience and skills boost that the traineeship offers is already creating more opportunities for people to find a route into work.
“We are really pleased that there is more investment in the scheme. It will help employers like us by creating a bigger and better pool of candidates and it will help individuals looking for career opportunities.”