Established in 2020 to finance massive professional requalification plans, the State’s ‘New Skills’ fund has just undergone a relaunch. At the end of October, Italy’s Court of Audit approved the €1 billion refinancing request made by the previous government. However, businesses only have until 31 December to sign the requisite trade union agreements in order to obtain the funds.
The refinancing of the ‘New Skills’ fund that was provided for by a Ministry of Labour decree is part of the ‘active policies’ element within the National Recovery and Resilience Plan (NRP). The ANPAL employment agency is tasked with managing the fund and in order to be eligible, companies will have to sign a specific trade union agreement and enable working hours to be arranged such that employees can attend the relevant training during their worktime.
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Article authors
Hélène Martinelli
Freelance