Industry Skills Fund

Industry Skills Fund

Funding to ensure that industry has the skilled workforce it needs to boost the

nation’s productivity.

Fast Facts:

– Commenced January 2015

– Training and/or support services for 200,000 employees over 4 years

– Training tailored to the needs of individual businesses

– Delivered by the Department of Education and Training

• xxx

Industry Innovation and Competitiveness Agenda

• Your business or consortium will be considered as ‘positioning for growth’ if you are pursuing new business opportunities that fall into one or more of the following categories:

diversifying into new or emerging markets and/or;

adopting new or emerging technologies and/or;

entering export markets for the first time and/or;

responding to significant new domestic market opportunities and/or;

repositioning because of market driven structural adjustment.

Growth Opportunities

• Eligible to solvent Australian enterprises:

Non-tax exempt, incorporated

ABN

GST registered

Trading history

• Consortia:

Clusters of businesses with a common need or opportunity

Can be led by a business involved in the project or a separate entity

Can be led by incorporated for-profit and not-for-profit organisations

• Not eligible:

Training deliverers

Individuals

Eligibility and Consortia

• Skills Advice Help identifying skills opportunities and maximising training outcomes.

A free service delivered by experienced Skills Advisers.

• Training Co-investment for businesses looking to improve the skills of their workforce for an identified growth opportunity.

Nationally recognised training, including full qualifications and skills sets

Language, Literacy and Numeracy training

High quality, innovative or tailored training that may not be part of a training package

Training required to access foreign markets

One or both of these assistance categories may be accessed depending on business need, eligibility and merit.

What will be funded?

• Delivered through a co-contribution model

• This is in recognition that business has a responsibility to maintain and improve the skills and capabilities of its workforce

• Amount payable by applicant will depend on how many Full-Time Equivalent (FTE) employees business have:

Micro Business (0-4 FTE employees) – 25%

Small Business (5-19 FTE employees) – 34%

Medium Business (20-199 FTE employees) – 50%

Large Business (200+ FTE employees) – 75%

• Co-contributions cannot be in-kind

Co-Contribution Model

All Industry Sectors Are Eligible

FOOD AND

AGRIBUSINESS

MINING EQUIPMENT,

TECHNOLOGY AND

SERVICES

MEDICAL

TECHNOLOGIES

AND

PHARMACEUTICALS

OIL, GAS AND

ENERGY

RESOURCES

ADVANCED

MANUFACTURING

• All applications begin with an initial enquiry, online form and discussion

• Businesses will be referred to a Skills Adviser or directly to the application process depending on their needs

• Process to access assistance designed to be fast and simple:

– All enquiries assigned a Customer Service Manager

– Enquiry turnaround: 24 hours

– Application turnaround: 3 weeks

• Skills Adviser based in Cairns covering all industries across North Queensland.

Enquiry and Application process

• IT business with 3 staff in a regional area

• Business is looking to expand its capability support local companies introducing the new iCloud technology.

• Industry Skills Fund Project:

– 1 staff member to participate in Cert IV in Information Technology (Networking) online.

– Will provide the base training in networking to be complemented by on-the-job training.

– Total Cost $3,330. Grant Amount $2,497.50.

– Length of the project is 1 year.

Case Study One

• Architecture firm with 10 staff.

• Growth opportunity identified, however skills to achieve the growth were unknown. Business was referred to Skills Advice.

• Skills Adviser identified that growth for the business was underpinned by the need for improved management structures.

• Industry Skills Fund Project:

– Business owner to participate in non-accredited Business Maximiser program.

– Course targets increasing turnover and profit through key leader outcomes.

– Total Cost $7,227. Grant Amount $4,770.00

– Length of the project is 9 months.

Case Study Two

• Business with 35 staff manufacturing internal wooden framing for mattresses.

• Seeking to increase market share by making their production line more efficient and competitive against imported products.

• Industry Skills Fund Project:

– 4 Team Leaders to undertake Diploma of Production Management.

– Total Cost $17,600.00. Grant Amount $8,800.00

– Length of the project is 1 year.

Case Study Three

• Small surveying business with 14 staff.

• Company is seeking to tender for larger jobs in the mining sector but is unable to effectively demonstrate capability or contingency plans for staff attrition.

• Industry Skills Fund Project:

– 3 staff to upgrade existing qualifications to Diploma of Surveying.

– Total Cost $25,200.00. Grant Amount $16,632.00

– Length of the project is 1 year.

Case Study Four

• Aerospace componentry business with 100 staff.

• Company is introducing new technologies and diversifying into new product offerings to meet demand from overseas customers.

• Staff require training in advanced project management & lean manufacturing.

• Industry Skills Fund Project:

– 18 staff undertaking a variety of accredited and non-accredited training.

– Total Cost $110,000. Grant Amount $55,000.

Case Study Five

Questions?

Next Steps

• Further information on the Industry Skills Fund and the online enquiry form can be

found at: www.business.gov.au/industryskillsfund

• For information on the broader suite of Australian Government programs for business contract Deborah Mead from AusIndustry: (07)4151 0660

• Stay for networking and/or a conversation about how the Industry Skills Fund may be able to support your business

• To contact the Industry Skills team based in Brisbane:

– industryskillsqld@education.gov.au or 07 3227 4764