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Government to provide £250 million to employers for training to support apprenticeships

16 January 2012 |

The government has announced a £250 million fund which is to be provided directly to employers.  The purpose of this fund is to enable employers to develop vocational skills training programmes which are tailored to their needs.

The government hopes to publish a prospectus in early 2012.  It is expected that £50 million will be available in 2012/2013 with the additional £200 million to be available in 2013/2014.

Employers will be able to use the funds to design, implement and pay for vocational training programmes which are specific to their requirements.

Which employers may apply?

The scheme is open to employers of all sizes and from all sectors.  Employers will have to bid for funding under this scheme and they will have to show how any funds received will “leverage private investment, support Apprenticeships and show a commitment to raising skill levels in their sector or supply chain”.

This scheme has been announced as part of the government’s growth review and it is hoped that it will encourage employers to take on additional apprentices.

For further information or to discuss the issues raised, please contact Guy Abbiss, Stephen Wright or David Widdowson on +44 20 3051 5711.

Disclaimer

Content is for general information purposes only. The information provided is not intended to be comprehensive and it does not constitute or contain legal or other advice. If you require assistance in relation to any issue please seek specific advice relevant to your particular circumstances. In particular, no responsibility shall be accepted by the authors or by Abbiss Cadres LLP for any losses occasioned by reliance on any content appearing on or accessible from this article. For further legal information click here.

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