Acevo taskforce to monitor £1bn Future Jobs Fund

DWP cash 'will not be a missed opportunity for charities'

Chief executives body Acevo has set up a taskforce to ensure the voluntary sector has a say in the Department for Work and Pensions' new £1bn Future Jobs Fund.

The DWP announced last week that not-for-profit organisations could submit bids to the fund, set up to create 150,000 jobs for long-term unemployed people aged from 18 to 24.

Stephen Bubb, chief executive of Acevo, has been appointed to the fund's steering group and hopes the taskforce will gather feedback from charities on how the fund is working. He will then put their views to fellow members of the steering group.

Taskforce members include the Social Enterprise Coalition, the Community Alliance and Futurebuilders England. It is chaired by Bubb and Jonathan Bland, chief executive of the Social Enterprise Coalition, is vice-chair.

Bubb said the fund was a great initiative.

"But it will require government to administer the fund well and third sector organisations to get moving and fast," he said. "The DWP is looking for innovative ideas, which is one of the sector's greatest strengths.

"The taskforce will be committed to ensuring that the sector doesn't allow this to be a missed opportunity."
 
Acevo will hold a Future Jobs Fund event in London on 13 May to give organisations a chance to learn more about the initiative.

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