Employer funding to take on an apprentice
The team at Northern Skills Group are on hand to discuss any available funding options for your business and support you with eligibility criteria along with how to apply. Funding may be available to support the cost of your apprentice’s training and their salary.
Brand-new bonus for businesses to hire apprentices
The Government will introduce a new payment of £2,000 to employers in England for each new apprentice they hire aged under 25, and a £1,500 payment for each new apprentice they hire aged 25 and over, from 1st August 2020 to 31st January 2021. These payments will be in addition to the existing £1,000 payment the government already provides for new 16-18 year-old apprentices. This means that employers could receive up to £3,000 for hiring 16 to 18 year old apprentices from August to January.
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Tees Valley Combined Authority Support Grant
An Apprenticeship Support Grant is available to SME’s identified by Tees Valley Combined Authority as being in one of the above Priority Sectors. The following funding is available:
- Apprentices Aged 16-18 – Grant of £3,000 is available
- Apprentices Aged 19+ – Grant of £2,000 is available
For any employers who do not fall into one of the above Priority Sectors, the following Grant is available:
- Apprentices Aged 19+ – Grant of £500 is available
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TEES VALLEY BUSINESS COMPASS GROWTH FUND
Access up to 33% funding for business growth projects.
Tees Valley Business Compass can provide you with tailored funding and support to help your business grow.
- You can access funding for:
- Developing marketing strategies
- Getting your business online
- Workforce training plans
- Product and service development
- Business process review
- Plus many more!
Skills Support for the Workforce
Available to businesses with fewer than 250 employees, this support is designed to help individuals up-skill and improve their knowledge or for employees who need to fill a skills gap. Through the Skills Support for the Workforce Grant Northern Skills Group can offer you and your workforce a complete and tailored training solution aligned to your individual business needs.
To find out more about how Northern Skills Group can help access this grant or to discuss other funding available, contact us online or speak with a member of our team on 03453 40 40 40.