Stuart McMillan MSP (SNP – West of Scotland) has welcomed the new funding led by the Scottish Government to support youth employment and small business growth.
Almost £90 million is to be invested in helping Scotland’s young people into work and supporting small business growth, as part of record funding bringing together cash from the Scottish Government, local councils, Cosla, the European Commission and employers.
Up to 10,000 young people Scotland-wide are expected to be supported into work – particularly in small businesses – thanks to the £87.85 million total investment package. An additional 3,000 jobs are expected to be created in small business around the country for workers of all ages.
In all, the investment package is comprised of two different funding streams:
•The £50 million Youth Employment Scotland Fund, made up of £25 million from the Scottish Government and European Social Fund, matched by £25 million worth of in-kind support from employers and local councils
•The £37.85 million SME Growth Programme to support businesses to grow and create employment opportunities for people of all ages – including young people, made up of £15.1 million cash from the European Regional Development Fund matched by £22.75 million worth of support from Scottish Enterprise and Business Gateway.
Stuart McMillan, who previously raised the issue of employment – including youth employment, in the West of Scotland with the Cabinet Secretary for Finance, in the Scottish Parliament, said:
“Since the SNP appointed a Minister for Youth Employment in December 2011, youth unemployment has fallen from 25.4 per cent to 15.2 per cent. Now Scotland has one of the lowest youth unemployment rates in Europe. However, there is not a shred of complacency in our approach.
“We know that Scottish progress is threatened by Westminster austerity and Chancellor Osborne’s failure to back economic growth. Therefore, this substantial announcement illustrates our determination for further success in a drive against youth unemployment.
“This announcement of a further £88 million investment represents an enormous contribution to furthering that cause. Up to 10,000 young people will get real jobs thanks to this money – 10,000 young people getting the chance to build themselves real futures with real careers. That’s in addition to a further 3,000 jobs for people of all ages working in Scotland’s small business sector.
“These two programmes will help more small and medium sized businesses recruit young people and build capacity for economic growth. The total investment available is unprecedented in its ambition and will make sure employers have the right help in place to take on more young staff and grow their business."
NOTES:
Stuart McMillan (West Scotland) (SNP):
18. To ask the Scottish Government what progress has been made on increasing employment opportunities in the west of Scotland. (S4O-02032)
The Cabinet Secretary for Finance, Employment and Sustainable Growth (John Swinney): The Scottish Government is committed to supporting sustainable economic growth and promoting job creation throughout Scotland, including in the west of Scotland. We are investing in infrastructure and working with a range of organisations to maintain a competitive business environment. Since 2007, businesses across the west of Scotland have accepted regional selective assistance offers of £46 million that are expected to create and safeguard more than 5,000 jobs.
Stuart McMillan: Last week’s announcement that Scotland’s unemployment figures have fallen below 200,000 for the first time since 2009 is a welcome sign that the Scottish Government’s policies are playing their part in helping to deal with the tough economic conditions.
Will the cabinet secretary inform me of any discussions that have taken place between the Scottish Government and local authorities in the West Scotland region that have been focused on reducing unemployment rates even further? Will he outline any action points that were agreed and say what progress has been made on them?
John Swinney: We regularly meet local authorities to discuss a range of topics, not least of which is the condition of the economy and the objectives of reducing unemployment rates and improving economic conditions.
A specific area of consideration has been the £25 million youth employment Scotland initiative, which will in the coming year make up to 10,000 job opportunities available to young people. The initiative will be administered by local authorities; the Scottish Government has in recent months held talks with local authorities throughout Scotland regarding its development. I am delighted that all West Scotland authorities have submitted bids; an announcement will be made shortly in that regard.