The Skills Development Fund
The Skills Development Fund is a 6 million AUD fund established for the delivery of tourism skills development services and tourism business development in Ampara, Batticaloa, Polonnaruwa and Trincomalee.
Both short-term interventions and longer-term (up to-3 years) projects are covered by the Fund.
Funding is provided by the Australian Government and administered by Scope Global under Skills for Inclusive Growth, a part of the Australian Government’s .
The Skills Development Fund prioritises initiatives that address key criteria and exhibit the following :
Focusing on opportunities for marginalised people, especially women and persons with disabilities
Addressing cross-cutting issues of gender, disability, fragility and conflict, private sector development, governance, environment
Ensuring benefits continue after Skills for Inclusive Growth funding has ceased
Adopting evidence-based approaches
Encouraging relationships with stakeholders across the community, government and private sector
- A balanced approach to risk
Balancing innovation and security for all stakeholders
Fostering ties with other Australian Government and skills development programs
The Fund is not a seed-funding mechanism. However, the Skills for Inclusive Growth program will seek to link training participants with existing microfinance opportunities.