Regional Challenge Fund (RCF):1st call for Expression of Interest to support investments in cooperative training projects

Publication date
February 1, 2021
Deadline
April 30, 2021
Short description

The Regional Challenge Fund (RCF) is announcing the 1st call for Expression of Interest to support investments in cooperative training projects which is open for applications from the six Western Balkans Economies. The Fund will disburse EUR 18.8m until 2025 (over five years) to support investments in our region. The goal is to fund up to 60 projects during the programme period. The Regional Challenge Fund organised the launch event for its first call, online on February 3rd and gathered the representatives from international organizations and initiatives, regional organizations, public institutions in charge of vocational education and training, chambers of commerce, vocational training providers, enterprises.

Cooperative training involves the business sector throughout the entire process of VET development, implementation and assessment. It does this by combining vocational institution-based and enterprise-based learning in a flexible manner to develop the skills, knowledge and attitudes of future workers. This approach has been proven successful in producing graduates with practical skills that match the demands of the labour market. Cooperative training is recognized by most educational authorities in Western Balkan countries as a useful tool for bridging the gap between educational supply and labour market demand. However, it is still in early-stage development and the Regional Challenge Fund (RCF) has been established to provide such support.

“Participating VTIs partner with companies to develop cooperative training programs that teach students the skills that partner companies need. The result is highly trained employees who are well qualified and ready to work.” Mr Wöhrmann added.

Applications are open to consortia from the six Western Balkan economies consisting of one vocational training institute and at least two enterprises. The effort should result in nationally recognised certificates. The first call for expressions of interest will be open from February 1 to April 30, 2021. All necessary information can be found at www.rcf-wb6.org.

Type
  • Other
Geographical focus
  • European Union (EU 28)
  • WBC
Scientifc field / Thematic focus
  • Cross-thematic/Interdisciplinary
Attachments

Entry created by Admin WBC-RTI.info on February 16, 2021
Modified on February 16, 2021