A leading digital skills provider has successfully raised £1.2 million from a prominent UK social impact fund.
This investment is set to enhance the company’s efforts in workforce transformation, both in the UK and globally.
Significant Growth Capital for Workforce Transformation
A renowned provider, dedicated to developing essential digital skills for the future workforce, has received a substantial investment of £1.2 million from Impact Ventures UK (IVUK).
This funding is aimed at accelerating workforce transformation, enabling the company to scale operations within the UK and internationally.
Company’s Mission and Global Reach
The organisation, founded by Gi Fernando MBE, focuses on preparing individuals and businesses for the evolving digital landscape.
Their programmes equip participants with skills to navigate challenges related to flexible work, automation, and digital change.
Globally, the company collaborates with major entities including HSBC, Barclays, and Tesco, ensuring their workforces remain competitive in a rapidly changing market.
Investment Utilisation
The London-based company plans to utilise the newly acquired funds to bolster capabilities and drive sales and marketing initiatives.
Additionally, the investment will support the advancement of the company’s market-leading platforms and social impact projects.
An example of these initiatives is the ‘one_for1’ programme, which offers free training to disadvantaged young individuals.
Driving Social Impact
Fernando emphasised the dual focus on current and aspiring workforce members.
He noted the importance of recognising that individuals can adapt to new digital roles, bringing valuable experience and empathy to these positions.
The investment is expected to significantly advance the company’s mission to provide diverse, data-driven workforce analytics to large organisations.
Support from Impact Ventures UK
Kevin Bone, a partner at IVUK, expressed strong support for the company’s mission to foster a digital economy inclusive of all.
He highlighted the global market potential and societal impact of ensuring no individuals are left behind in the evolving job market.
Bone stated, ‘The rapid changes in skill requirements present significant challenges, but empowering individuals with a digital mindset can alleviate these insecurities.’
Key Technological Platforms
Central to the company’s offerings are two technological platforms – Freeformers Pulse and Freeformers Learn, which facilitate large-scale solutions and real-time transformational measurement.
These platforms are integral to the company’s Future Workforce Model™, aiding in the design of experiential learning programmes.
Partnership with a Major Social Networking Site
The recent investment coincides with the announcement of a partnership with a leading social networking site on their ‘Community Boost EU’ programme.
This collaboration aims to upskill 300,000 individuals across six European nations over the next two years, marking a significant expansion of the company’s global presence.
Conclusion
This £1.2 million investment from IVUK is a landmark achievement, poised to drive significant advancements in digital workforce transformation.
With a strong focus on social impact and global reach, the company is well-positioned to lead the way in equipping individuals and organisations for the future of work.
This £1.2 million investment from IVUK is a landmark achievement, poised to drive significant advancements in digital workforce transformation.
With a strong focus on social impact and global reach, the company is well-positioned to lead the way in equipping individuals and organisations for the future of work.