A new programme helping computer science students into jobs with London tech-start-ups has been announced.
The scheme will be funded by £40,000 from the City of London Corporation and delivered by start-up experts Capital Enterprise, a body of connectors, influencers, investors and policy makers, who together collaborate to serve London’s tech startup ecosystem.
The funds will match 40 postgraduate and undergraduate students in London to tech/digital business roles for eight-12 weeks – with all placements paid the London Living Wage.
The initiative aims to enhance student skills and employability and provide a boost to businesses and universities.
Catherine McGuinness, Policy Chair at the City of London Corporation, said:
“There is an ever-increasing need for digital skills in the workplace. This new programme will help London’s firms, universities and students – and it is an investment in the wider economy.
“We know that there is mismatch of skills between computer science graduates and the needs of the capital’s businesses, who are facing a shortage of suitable skills.
“We are committed to ensuring London maintains its position as the global hub for fintech – and for businesses this will add fresh talent whilst boosting productivity.”
John Spindler, CEO of Capital Enterprise, said:
“London is home to some of the best tech companies and creative minds in the world.
“With this initiative, we will bridge the gap between London’s freshest talent and tech start-ups, offering young people a viable path into one of the world’s leading tech hubs whilst addressing the demand for digital talent.
“We are thankful for the generous support of the City of London Corporation in maintaining London’s competitive advantage in the tech sector.”
The City of London Corporation recognises that in supporting digital skills that there are huge potential benefits for all our communities in London, whether these are in creating employment and improving skills, or raising awareness of efforts to move towards greater financial inclusion.