Social Investment Business and 250 third sector organisations to create 3,000 jobs
A bidding consortium involving 250 third sector organisations has tied up a £21m contract with the Department for Work and Pensions to create 3,000 jobs in the sector by April.
3SC won the work under the Government's £1bn Future Jobs Fund, set up to create 150,000 six-month work placements in England, Scotland and Wales before March 2011, primarily for long-term unemployed 18 to 24-year-olds.
3SC was set up under the working name of the Third Sector Consortia Management and is the brainchild of Ian Charlesworth, commercial director of Social Investment Business, formerly Futurebuilders.
Social Investment Business and Eastside Consulting, which worked together to set up 3SC, are working with six other organisations to subcontract the jobs to the 250 organisations that are part of the consortium.
The consortium has committed to setting up 3,000 six-month placements by April under the first phase of the programme and hopes to secure funding to create a further 2,000 under the second phase of the Future Jobs Fund.
The DWP offers up to £6,500 per job.
