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Graduate job providers receive cash boost

Published: Wednesday, 25 March 2009   Category: Sales and marketing

Companies in the north-east will receive money from European Union (EU) funds to help provide more graduate jobs.

Secured from the European Regional Development Fund through One North East, the £724,000 will help stimulate small and medium-sized businesses' (SMEs') graduate schemes and will also stop brain drain from the area, according to the local newspaper, Journal and Evening Gazette.

Dan Brophy, chief executive officer of Entrust, an organisation which works with the University of Teesside to run the Graduates for Business programme, told the newspaper: "With this additional support, SMEs can expand their markets, improve processes, develop new products and introduce new technologies to increase sales and achieve financial savings."

He added that graduates will be exposed to the skills required to manage a business as well as the challenges and benefits of being an important part of a team.

Support to get university leavers graduate jobs has been called for recently by Barnsley Council leader Stephen Houghton, who has appealed for more apprenticeships to be provided by local authorities.

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