# Risks and opportunities --- ## Risks --- ### Job market - Short term: high risk - Medium term: high risk Entry-level job opportunities are sparse. it is not clear if this is a cyclical or secular downturn. AI is a highly disruptive factor. --- ### Skills Bootcamp funding - Short term: low risk - Medium term: high risk Skills Bootcamps are currently our main source of funding. However, we do not yet know if this will continue past March 31st. --- ### Apprenticeship funding - Short term: low risk - Medium term: low to medium risk There is no sign that the levy-funded apprenticeship model is under any threat. Changes to funding rules could adversely affect us, but with low probability. --- ### The end of software development as we know it - Short term: medium risk - Medium term: high risk Significant changes to software development practices are already underway. This will continue for the foreseeable future. --- ## Opportunities --- ### AI engineering and DevOps Despite the risk to developer jobs, there could still be significant shortages of suitably-qualified candidates in some technical roles in the short-to-medium term. --- ### Public sector In 2024 London local authorities, including Hackney Council and the GLA, are going to be important customers for us. This is something we can potentially build on. --- ### Corporate sector We still have almost no apprenticeships in the corporate (levy-paying) sector. One or two could make a big difference. --- ### A FAC agency Our most important partner this year is... us! If we can make a success of the agency, that could make a big difference to the number of apprentices we train. --- ### Other opportunities - **Gatsby** may be willing to fund apprenticeships if it means we have capacity to support T Level placements. - **The incoming government** - ?