The scheme will launch in Merseyside and aims to find alternative places for displaced apprentices.
The skills council hopes that 78 apprentices will be able to complete their training during the pilot, which runs until July 2011. The pilot also aims to find 27 qualified apprentices permanent jobs.
All those that take part will be guaranteed training, paid work for 52 weeks and support with finding jobs when they qualify.
Construction Skills employer services director Mike Bialyj said: "The economic downturn has created huge challenges for the construction industry and when firms are cutting costs, young apprentices are often the first casualties. It is therefore essential that we support businesses in maintaining and taking on apprentices if we are to avoid future skills shortages."
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