Applications for the Careers & Enterprise Fund 2016 are now closed.

You can register your interest to find out more about future application opportunities by emailing investment@careersandenterprise.co.uk

What is the Careers & Enterprise Fund?

The Careers & Enterprise Fund 2016 is made up of £4 million of government-backed investment, with the addition of more than £1 million from the Education Endowment Foundation and the Bank of America Foundation.

The fund is allocated to eligible businesses and organisations to enable them to trial, evaluate and increase effective careers and enterprise activities within schools and colleges across England. This is to ensure that young people, especially those from areas with limited or no access to employment encounters and skills building, have multiple opportunities to learn from employers through the course of their education.

Highlighting the importance of careers and enterprise provision within schools and colleges, research shows that increasing the number of encounters that young people have with employers while in education dramatically reduces their chances of becoming NEET (Not in Education, Employment or Training) and increases future salary by an average 18%.

Who is the Careers & Enterprise Fund for?

The Careers & Enterprise Fund is currently being allocated to eligible businesses and organisations to provide careers and enterprise activities for young people aged between 11 and 18 within schools and colleges in their community.

The Careers & Enterprise Fund 2016 is split to cover two aims:

Part A: £1 million is targeted to six Opportunity Areas identified by the Government using The Social Mobility Index. These are Blackpool, Derby, Norwich, Oldham, Scarborough and West Somerset; areas within which our research has identified deep rooted barriers that make it harder for young people to realise their employment potential.

Part B: £4 million will be allocated to test, evaluate and scale up effective careers and enterprise activities in schools and colleges across England.

By providing these employment experiences we aim to help thousands of young people to build career aspirations while ensuring that their futures are not determined by their backgrounds.

I've applied for funding. When will I find out if my application has been successful?

We're currently carrying out assessments of the applications that we have received.

Organisations who have been shortlisted will be informed by 10 February 2017, and given more information on what is required for the next step of the application process.

We will then notify successful applicants on 31 March 2017.

I'm interested in applying but the deadline has passed.

You can register your interest to find out about future application opportunities by emailing investment@careersandenterprise.co.uk

You can find out more about the current fund in the Careers & Enterprise 2016 Fund prospectus (pdf)

What Works in Careers & Enterprise

This report outlines the evidence on which the framework of the second round of funding has been designed

Careers & Enterprise Fund 2016 prospectus

Understanding the careers cold spots 2016