BT is part of a consortium set to receive £20m of government funding for a new Institute of Coding (IoC) to train the next generation of digital specialists. Speaking at the World Economic Forum in Davos, Prime Minister Theresa May outlined how the IoC will create new degree-level courses to equip people of all ages with the digital skills they need. The Government’s investment will be matched by a further £20m from industry, including in-kind contributions such as training and equipment.
Gavin Patterson, Chief Executive, BT said: “Digital skills are crucial to BT’s current and future success, but no company can fix the UK’s digital skills shortage on its own. By working together across industry and academia, the Institute of Coding will unlock access to a bigger and more diverse workforce, and support skills development for people at different stages of their careers. We’re particularly pleased that industry will have the opportunity to build on its work within the Tech Partnership and our existing degree apprenticeship schemes, setting standards and promoting degrees that are aligned to employer needs.”
Other businesses in the consortium include IBM, Cisco and Microsoft, as well as SMEs, 25 universities, and professional bodies such as the British Computer Society and the Consortium for Research Excellence, Support and Training (CREST). The Prime Minister also announced a £10m investment for retraining courses to help workers adapt to the effects of automation and artificial intelligence.