A bank is creating the next generation of heritage engineering apprentices

Emma Finamore
05 Jan 2019

Fans of vintage, classic cars…listen up!

Placeholder — Cambridge & Counties Bank will provide a £10,000 bursary.

A bank has announced they are to become official ‘Finance Partner’ to the Federation of Historic Vehicle Clubs (FBHVC).

The Heritage Skills Academy brings together experts from across the restoration industry who are committed to teaching the skills required to preserve and restore pre and post-war engineering heritage. The course is the only one of its kind accredited by the Office of Qualifications and Examinations (OFQUAL).

Students that complete the full term will leave with a nationally recognised Advanced Diploma in Heritage Engineering with an option to specialise for a further year.

The course covers a range of sectors, including classic motor vehicles, aviation, marine and steam. The main focus is on students aged between 16 and 18 years of age and the academy is supported by the Government Trailblazer scheme.

“It is vitally important that we nurture and support skills for the future. Apprentices entering the world of heritage engineering will likely be working within small businesses or a business of their own and so equipping them with the understanding of finance, cash flow, accounting and asset management will be critical to their future success."

The partnership will see Cambridge & Counties bank - who offer finance for classic car purchases -support the FBHVC’s Heritage Engineering apprenticeship scheme, held at the Heritage Skills Academy at Bicester Heritage.

Cambridge & Counties Bank will provide a £10,000 bursary. The money will be made available via an application process to help with travel and accommodation.

The support however is not just financial, as Cambridge & Counties Bank will also be designing and delivering the business modules within the curriculum as well. Managers and key subject experts from within the bank will be passing on training to ensure the apprentices are fully equipped with the skills and knowledge they need to run a business and manage finances.

Mike Kirsopp, CEO of Cambridge & Counties Bank said: “It is vitally important that we nurture and support skills for the future. Apprentices entering the world of heritage engineering will likely be working within small businesses or a business of their own and so equipping them with the understanding of finance, cash flow, accounting and asset management will be critical to their future success.

“We have the expertise and passion here at Cambridge & Counties Bank to support these students and play our part in preserving the future for historic vehicles.”

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