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We estimate that 250,000 young people will benefit from our first investment fund and so far the initial impact has been encouraging – 22,000 new encounters or experiences of the world of work between businesses and schools in the first quarter of the fund.
We know that encounters are critical to young people as students who have four or more encounters while at school earn on average 18% more during their career than those who don’t and are less likely to be NEET (not in education, employment or training).
Over the lifetime of the fund we predict that it will lead to 1.5million encounters for young people with the world of work.