The Banking Sector Education and Training Authority (BANKSETA) is calling on eligible and capable service providers to collaborate on delivering a comprehensive three-year internship initiative targeted at unemployed individuals. This funding window represents a strategic opportunity to support skills development and employment in South Africa’s banking and financial services sector.
Funding Window Overview
BANKSETA’s three-year internship programme aims to provide structured work experience and training to unemployed participants, fostering their integration into the workforce. By partnering with qualified providers, BANKSETA seeks to enhance employability, promote sector-specific skills, and contribute to economic growth through targeted interventions.
This initiative aligns with South Africa’s national priorities for youth empowerment and unemployment reduction, offering providers a chance to implement impactful programmes with financial support from BANKSETA.
Submission Guidelines
- Closing Date and Time: 06 January 2025, at 17:00 (5:00 PM)
- Submission Method: Applications must be emailed to ThreeYearInternship@bankseta.org.za
- Key Notes:
- Submit early to avoid last-minute issues.
- Late applications will not be considered; the closing time is based on standard Telkom/network time.
- Retain a copy of your submission for your records and as a backup.
Eligibility and Application Requirements
While specific eligibility criteria are not detailed in the announcement, providers should ensure they meet BANKSETA’s standards for quality, relevance, and capacity to deliver internship programmes. Applications should demonstrate:
- Experience in skills development and internship management.
- Alignment with banking sector needs.
- Commitment to supporting unemployed youth.
For full details on requirements, refer to the official BANKSETA guidelines available on their website.
How to Apply
Prepare your application according to BANKSETA’s specifications and submit via email to ThreeYearInternship@bankseta.org.za before the deadline. Ensure all necessary documentation is included to strengthen your proposal.
Official Page: BANKSETA Three-Year Internship Funding Window
Why Participate in This Funding Window?
- Impactful Collaboration: Partner with a leading SETA to deliver meaningful internships that transform lives and build careers.
- Sector Growth: Contribute to the development of skilled talent in banking and finance, addressing unemployment challenges.
- Funding Support: Access resources to implement a three-year programme, ensuring sustainability and long-term outcomes.
- National Contribution: Support South Africa’s goals for economic inclusion and youth empowerment.
Important Considerations
- This funding window is open to qualifying providers who can demonstrate suitability for implementing the programme.
- No late submissions will be accepted, so plan accordingly.
- For enquiries or additional information, contact BANKSETA directly through their official channels.
Conclusion
The BANKSETA Three-Year Internship Funding Window 2025 is a vital opportunity for providers to engage in youth development and skills enhancement in the banking sector. By partnering on this initiative, you can play a key role in reducing unemployment and fostering a skilled workforce. Submit your application today to join this transformative effort!
