The new Lovell Craft Management Academy will give 16-19-year-olds from across the country a three-year apprenticeship with a week-long residential induction.
The apprentices will spend further week-long residential sessions at Stephenson College in all three years of the course.
Lovell national training manager Trevor Robinson said the academy would provide a supportive learning environment for trainees, and network opportunities to enable the sharing of ideas and skills.
He said: "Each apprentice will have a customised learning programme which will allow fast tracking, with the opportunity to go into site management, multiskilling or specialisation after finishing their apprenticeship."
Lovell is also increasing on-site training and assessment with 60% of the training syllabus to be delivered on site.