The City & Guilds Group's New Venture Fund was set up to invest £2.5m in post-revenue companies and entrepreneurs to support innovation in the way skills education is delivered today

The Fund is all about supporting innovation and entrepreneurship by helping grow the businesses of entrepreneurs who are committed to skills development.

The Group will provide funding in return for an equity stake. Recipients will also benefit from the City & Guilds Group's expertise and resources to help their ideas get off the ground.

New Venture Fund recipients include:

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Offering personalised learning material for each user.

Filtered is an online training platform that personalises learning material for each user. By asking questions at the outset, the platform's algorithms filter out learning material a user doesn't need or already knows. This reduces the time spent training and maximises the value of that time.

Filtered offers courses for knowledge workers. Its courses are tailored to each individual and give users the chance to learn essential business skills (such as communication, leadership and project management), Microsoft Office (Excel, Outlook, etc.) and business analysis. Filtered has grown quickly since 2009, serving 700,000 consumers and a growing list of multinationals including EE, Regus and New Look.

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Recognising lifelong achievement.

Credly is a US-based digital credentials service provider. It recognises lifelong achievement by offering the market-leading platform for issuing, managing, sharing and validating digital credentials and badges. It works with thousands of well-known organisations from around the globe in industries such as education, talent management, training, IT, finance and healthcare.

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The UK’s leading apprenticeship matching service.

GetMyFirstJob is an innovative web platform that matches young people to the right apprenticeship based on their skillset and needs. Its goal is to make it easier for young people to get into work faster by helping them explore their choices and putting them in touch with opportunities that match their interests and ambitions. Whether it's a traineeship or an apprenticeship, GetMyFirstJob provides the right support to help people make the right career decision.

Established in 2012, today it has over 250,000 candidates registered and processes over 30,000 applications each month. It also works with over 150 colleges, employers and providers nationwide.

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Providing simulations at scale for work-based assessment and training.

EmpowerTheUser was founded in 2010 and has offices in Dublin, New York and Boston. It partners with global organisations, such as Morgan Stanley, PwC and BNY Mellon, to deliver simulations for training and assessing workplace skills and behaviours. EmpowerTheUser’s multi-award-winning platform enables organisations to drastically reduce the costs of delivering immersive, job-relevant and data-driven learning and assessment experiences.

If you would like to get in touch to find out more about the Fund, please contact John Yates, New Ventures Director: