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29% increase in funding for Skillnet Ireland announced in Budget 2019

09 October, 2018

This figure represents a combined total of 54% in Skillnets funding allocation over the past 2 years. Today’s announcements are a further indication of the Government’s commitment to effective enterprise-led upskilling and to giving industry a greater voice in how the National Training Fund is directed. In addition this is a demonstration of the Government’s belief in the Skillnet model

According to Paul Healy, Skillnet Ireland Chief Executive: “The Government’s continued recognition and support for the role Skillnet Ireland plays in the Irish economy is again reflected in this latest Budget, which represents a total increase of 54% in our funding allocation over the past 24 months. These increases allow us to further extend our reach and to provide greater levels of support to sectoral and regional priorities set out under national workforce policy.
Looking to the future, there are significant challenges facing our economy such as technological disruption and Brexit that our workforce must be ready for. Upskilling is a vital component in preparing for the complex challenges that lie ahead.”