Training and development is an investment, but is vitally important to ensure staff and your organisation can compete in local, regional and international marketplaces.
We work with both the Government and local authorities to try and promote funding support and grants which are available to support business.
Please see below for a selection of headline funding and grants available.
Current Grants and Funding
The Apprenticeship Levy is collected from any employer that has over a £3million a year pay bill. Funds collected can then be spend on Apprenticeship Training.
Employers will receive £3,000 for new employees of any age who start their apprenticeship from 1 April 2021 to 30 September 2021.
The incentive payment is in addition to the £1,000 employers already receive for hiring an apprentice:
- aged 16 to 18 years old
- under 25 with an education, health and care plan or who has been in the care of their local authority
You could get the incentive payment when you hire an apprentice who’s been made redundant, as long as they’re new to your organisation. An incentive payment for hiring a new apprentice is different to the apprenticeship levy, and you can spend it on anything to support your organisation’s costs. For example, you could spend it on facilities, uniforms, your apprentice’s travel or their salary. You won’t need to pay it back.
Other useful links:
Traineeships are a great way of supporting young people and a great way to bring individuals into your workforce. The model of Traineeships allows for a work placement to be completed with funding support for hosting a Trainee. Progression to an Apprenticeship or paid work is a progression option. Find out more about traineeships.
Other opportunities are often available