Intervention: Nottingham
Fund: Third Sector Investment Fund
Date of Investment: September 2018
Impact Area: Employment, Training and Education
Beneficiary Group: Vulnerable young people (including Care Leavers and NEETs)
Futures Advice, Skills and Employment was set up in Nottingham in 2001. They work with individuals and organisations to provide advice, guidance and practical support designed to help people achieve more in their jobs and get more from life.
Futures targets hard to reach young people who are vulnerable to becoming and then staying NEET (not in Education, Employment or Training). More mainstream training services may not meet their needs, often resulting in poorer life chances.
Futures won a contract with Nottingham City, Nottinghamshire County Council, and the Life Chances Fund to deliver a new service over 5 years on a payment by results (PbR) basis. The loan covers the working capital requirements before results can be evidenced
Overcoming barriers to learning and achievement; moving successfully into sustained employment
Young people and adults at risk of being NEET
Person-centred support for 560 young people and adults in Nottingham, over 5 years
The loan provides working capital for Futures to deliver a PbR contract
The programme (FutureU) explicitly focusses on the hardest to reach young people, at greatest risk of disengagement and often ill-served by mainstream services, leading to poorer life chances
The work we do to help these young people is vital. Funding like this ensures they have access to long-term intensive support, which enables them to learn new skills and make a positive impact on their lives and the communities they live in.
Sandra Cowley, Interim CEO
