Tag: funding
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CITB funding changes: CEO defends ‘quick and decisive’ action
The Construction Industry Training Board (CITB) recently announced a range of changes to its grants and funding system. Here, CEO Tim Balcon tells CM People why the changes have been made and how they will impact the industry Why have the changes to funding and grants been made? For too long, there have been too…
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Trump grantmaking order heightens uncertainty for city funding
Dive Brief: The Trump administration issued an executive order this month intended to streamline and strengthen oversight and coordination of the federal discretionary grantmaking process. The order directs federal agencies to review grant awards to ensure they meet the administration’s “priorities and the national interest” and assess their progress each year. It will also simplify…
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Robotic software startup FieldAI lands $405M in fresh funding
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Irvine, California-based FieldAI, a startup that focuses on physical artificial intelligence for robots, has raised $405 million across two consecutive funding rounds, the company announced on Aug. 20, as builders look for proven tech solutions…
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Transit ROI & System Efficiencies Will Drive Big, Beautiful Transit Funding
Local transit agencies are quickly realizing that the environment to secure funding for transit projects is about to take a sharp left turn, largely influenced by the President’s ambitious “Big, Beautiful Bill.” This landmark legislation, while broad in its scope, signals a distinct shift in priorities for how federal dollars will be allocated to transit…
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Miliband signs off multi-billion funding for Sizewell C
“Today’s green light will ensure the knowledge and skills honed at Hinkley Point C will continue to flow through to Sizewell C’s planning, design, and throughout programme delivery. This maximises opportunities for replication, which we know is vital to deliver new nuclear efficiently, and it will help to maintain the UK’s world-class skills base in…
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Masonry supplier commits funding for bricklayer training
Grayson has announced an investment of £15,000 to help support Site Ready Solutions’ Bricklaying Pre-Apprenticeship Programme. The initial investment will help to scale the training programme, enabling more young people to access bricklaying training. Site Ready Solutions brings together employers, training centres, trade bodies and local stakeholders to remove barriers to entry, streamline the onboarding process…
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Builders eye later-stage startups in funding ventures
Listen to the article 10 min This audio is auto-generated. Please let us know if you have feedback. When it comes to venture investing in construction, contractors have operated like they do in the field. Instead of looking at shiny new toys, they’re deploying established methods to help turn a profit. This approach has emerged…
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Builders eye later-stage startups in funding ventures
Listen to the article 10 min This audio is auto-generated. Please let us know if you have feedback. When it comes to venture investing in construction, contractors have operated like they do in the field. Instead of looking at shiny new toys, they’re deploying established methods to help turn a profit. This approach has emerged…
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Yale pauses 10 projects as funding worries grow
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Yale University has paused 10 construction projects due to uncertainty around federal funding, a university official said during a recent real estate forecast panel, according to the New Haven Register. Construction delays on college campuses…
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Apprenticeship funding cuts are a ‘major blow’ for construction employers
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Mandy Crawford-Lee, chief executive for UVAC, said: “The government’s policy to remove vital levy funding – that is supporting nine in 10 Level 7 apprentices – is a major blow to construction employers and will leave them facing both huge training bill costs and a skills shortage headache. View the original article and our Inspiration…