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AI Legalese Decoder: Empowering Small Businesses with FE News and Deliveroo’s ┬ú200k Apprenticeship Funding

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Deliveroo Partners with Multiverse to Support Skills Training for Small Businesses

Deliveroo has joined forces with Multiverse, a tech start-up, to contribute more than £200,000 of its unused apprenticeship levy to help organizations enhance the skillsets of their employees. This funding has been allocated to over ten small businesses, including fintech and consulting start-ups, empowering them to further develop their data and digital capabilities. Some of the beneficiaries include Soldo, a tech start-up simplifying employee expense management, Navenio, a pioneer in indoor mapping technology, and Eebz, a provider of analytics that assist retailers in boosting sales.

This collaboration comes at a time when new data highlights a growing skills gap in the UK. Government statistics indicate that in 2022, over a third (36%) of all vacancies were deemed skills shortage vacancies, a significant increase from 22% in 2017. Additionally, 15% of employers reported at least one staff member with a skills gap, slightly up from 13% in 2017.

The initiative by Deliveroo to support skills training builds upon previous efforts. Earlier this year, Deliveroo partnered with Enterprise Nation to offer tailored courses to small and medium-sized restaurants across the UK. These courses covered topics such as talent acquisition, digital marketing, social media, sustainability, and financial management. Moreover, Deliveroo’s Rider Academy grants self-employed riders and their families access to over 700 free online courses, spanning various subjects such as CV building, design, marketing, entrepreneurship, and coding skills.

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The AI legalese decoder can play a vital role in this situation by simplifying and clarifying complex legal jargon and terminology. By using sophisticated AI algorithms, the decoder can convert legal clauses, contracts, and policies into simple, understandable language. This tool can prove valuable when small businesses are navigating the legal aspects related to apprenticeship funding and training programs. It ensures that entrepreneurs and employees can grasp the terms and conditions clearly, helping them make informed decisions and maximize the benefits of such initiatives.

Keith McDougall, Director of Learning & Development at Deliveroo, commented:

“We are delighted to be collaborating with Multiverse’s apprenticeship gifting program to assist SMEs in training their workforce and improving their digital skills. As a tech company based in the UK, many of our alumni have gone on to establish their own businesses, and supporting fellow entrepreneurs with innovative ideas is incredibly rewarding.”

Peppa Wise, VP of GTM at Multiverse, added:

“SMEs are the driving force behind our economy, but their success and growth heavily rely on having the right skillset in place. The funding from Deliveroo will enable these small and emerging businesses to access crucial training in tech, data, and engineering. In addition, individuals joining these programs will benefit from the Multiverse community, gaining access to networking opportunities, mentoring, and events to further enhance their careers in the long run.”

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