Apprenticeship incentive scheme for employers opens
Employers can now apply for extra funding to help them take on new apprentices, as part of an incentive scheme designed to help more employers invest in a skilled workforce, as part of the government’s Plan for Jobs.
The boost to the apprenticeship incentive scheme was confirmed by the Chancellor in the Budget in March. Businesses can apply to claim £3000 for each new apprentice hired as a new employee from 1 April until 30 September.
Gillian Keegan, Minister for Apprenticeships and Skills said: "Apprenticeships are a fantastic way for employers large and small to grow their businesses and will continue to play a key role in our economic recovery.
"This cash boost will help even more employers to invest in their future workforce, creating more high-quality apprenticeship opportunities so businesses have the skilled talent pipeline they need to thrive, not just today but also in the future."
Employers can choose how to spend the cash, for example, covering uniform or travel costs for the apprentice.
The government is also investing £126 million to help create 40,000 more traineeships in England, for 16-24-year olds in 2021-22.
Traineeships are programmes lasting between 6 weeks and 12 months that offer young people training and work placements that boost employability, bridge skills gaps and bolster the future talent pipeline of businesses.
Employers can also apply for a £1,000 cash boost to help them deliver traineeships for up to 10 learners per region, in each of the 9 regions of England.
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