The organisation received funding from the OCS of £250,000 in 2012/13. But Keith Mogford, its chief executive, said it had been awarded only £125,000 for 2013/14.
"Like most other infrastructure organisations in the sector, our funding has been tapered by the Cabinet Office," he told Third Sector. Asked if this would result in redundancies at the organisation, which had an income of £582,000 in 2011/12, Mogford said it would not at this stage. "We’re certainly not in a situation where we’re looking to downsize and make any redundancies," he said.
He said the organisation had "smaller pockets of funding to do some other work" and project funding from the UK Commission for Employment and Skills.
The charity announced last summer that it would receive funding of about £1m from UKCES over two years from September 2012 to develop and launch a website to help users find and compare training opportunities. Mogford said the site, which has the working title of Skills Platform, would be launched in September.
He said the charity would continue to look for opportunities to bid for grants from trusts and foundations, but would not rely on these.
"In broad terms, we’ve embarked on a strategy of becoming more financially self-sufficient," he said.