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Development Projects > About Development Projects |
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Background to Fasset Development Projects
To facilitate skills development, transformation and social upliftment in the sector in pursuance of NSDS Targets 4.2 (Number of young learners in sector relevant programmes from Further Education and Training and Higher Education and Training institutions assisted to gain work experience, of whom at least 70% successfully find placement) Fasset funds projects that meet specific criteria in this regard. Unclaimed grant money is used to fund these projects.
Fasset's Management Board earmarks, on an annual basis, areas of high skills need within the sector, based on the Sector Skills Plan and other research. Strategic project interventions are identified and public tenders are advertised annually in this regard. All new projects are approved by the Executive Committee (Exco).
All Development Projects are geared towards addressing the poor demographic profile within the sector, and all are therefore in line with the NSDS targets:
- 85% Black
- 54% Women
- 4% Disabled
All tenders are advertised on the Fasset Tender Notices page, in the Government Gazette, and on the government tender board website (http://www.info.gov.za/documents/tenders/index.htm). Potential service providers are advised to regularly check these public sources of information for new and updated information.
Full details regarding the development projects funded by Fasset can be found under Fasset Development Projects. Enquiries regarding any specific project or involvement these can be addressed to the Fasset Call Centre on 086 101 0001.
Benefits of Development Projects
Benefits for the Sector
- Increase the number of African, Coloured, Indian and disabled learners on registered learnerships
- Increase the level of success of these learners on learnerships
- Increase the skills levels of potential employees
- Assist in transformation of the sector
- Stimulate and support skills development in small business
- Increase Fasset's profile in the sector
Benefits for Learners
- Improvement of work skills leads to improved productivity
- Staff morale is maintained due to management's "investment" in learning
- Learners are entitled to attend Fasset CPE's for learners
- Learners are more motivated
- Equal access to education and training, and employment opportunities
- Allows learners to plan a career path
- The learner interacts with clients and obtains an understanding of workplace dynamics
- The learner interacts within the working environment (practical)
Benefits for Employers
- A more motivated and highly productive workforce
- Overcomes the skills shortage within the labour force
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