Futures operates in the careers and employability sector, working with individuals and organisations to provide advice, guidance and practical support to help people achieve more in their careers and get more from life.
SASC has provided a £250,000 loan to Futures to fund the working capital requirement for the expansion of organisation’s support services for young people at risk of being not in education, employment or training (NEET) in Nottinghamshire. Through an innovative project known as FutureU, developed in a collaboration with local commissioners, Futures aims to address the hardest to reach part of their NEET cohort - young people with SEND (special education needs and disability).
FutureU explicitly addresses the hardest to reach part of the cohort which is at greatest risk of disengagement and can be ill-served by more mainstream services, having poorer life chances as a result. Futures have noted that with increasing pressure on Local Authority budgets and increasing NEET numbers, this group are at increased risk of becoming and staying NEET.
Futures has been awarded a contract with Nottingham City, Nottinghamshire County Council, and the Life Chances Fund to deliver the new service over 5 years on a payment by results (PbR) basis. SASC is providing a £250,000 loan to Futures to cover its working capital requirements before results can be evidenced. The additional funding will mean that whilst the current provision services 16-18 year olds only, FutureU will provide person-centred support to 15-24 year olds. FutureU also allows for a more intensive service with a smaller caseload of 25 (compared to a more typical 120) which allows caseworkers to better support young people in their pathway to an outcome.
Futures's new service aims to work with 560 young people over the 5 year contract, ultimately to support them into sustained employment. Young people are expected to benefit in a variety of ways: overcoming barriers to learning and achievement, achieving at school or college, moving from education or training into employment.