The North East Automotive Alliance (NEAA) is taking significant steps to bolster job creation in the region.
With £3.3 million from the Government’s Shared Prosperity Fund, the NEAA is targeting the long-term unemployed.
The North East Automotive Alliance (NEAA) has received a substantial financial boost, securing £3.3 million from the Government’s Shared Prosperity Fund. This funding is strategically aimed at facilitating job creation and training opportunities within the North East automotive sector, focusing on South Tyneside and Sunderland. The initiative is expected to benefit at least 200 individuals, particularly those who are long-term unemployed.
Paul Butler, CEO of the NEAA, stated, “The region has many outstanding manufacturing companies, contributing enormously to the local economy.” He emphasised the potential risks posed by the lack of a skilled workforce, identifying it as a significant barrier to continued success.
This initiative is an integral part of a broader strategy to ensure that the benefits of economic growth are shared across the community, supporting social inclusion and economic diversity.
Coun Margaret Meling of South Tyneside Council further articulated the importance of connecting residents to emerging opportunities in the green economy. Equipping the workforce with relevant skills is vital for capitalising on new employment prospects in advanced manufacturing, automotive, and engineering sectors.
Such collaborations bridge gaps between education and industry needs, ensuring that the workforce possesses the skills required for future job markets. This approach not only benefits the individuals but also strengthens the regional economy.
This comprehensive strategy ensures the alignment of regional workforce development with the evolving needs of the industry, fostering economic growth and resilience.
The NEAA’s £3.3 million funding not only supports employment and training opportunities but also strengthens the region’s economic framework. By addressing skills shortages and enhancing employability, these initiatives provide a sustainable solution to workforce challenges. This strategic approach is essential for the North East’s continued economic development.
The NEAA’s initiatives are pivotal in addressing workforce gaps and promoting economic growth.
These projects align regional development with industry demands, ensuring sustainable prosperity.
