Released: 23 July 2020
As an apprenticeship levy payer, the council can transfer 25% of its annual levy fund to other employers. Businesses can use it to fund training for new staff or to upskill existing members of staff.
Nigel Jupp, Cabinet Member for Education and Skills said: “The ongoing coronavirus pandemic means many businesses will have to review their own staffing needs so access to this apprenticeship funding could be crucial to business owners and their employers.
“Apprenticeships are a great way for businesses to upskill the staff they already have or to employ someone new with different skills.
“I hope to see businesses apply for the funding so we can do our part in helping boost our economy, especially at this uncertain time.”
The funding will enable businesses across the county to develop and support the future of the local economy, which will be crucial in recovering from the effects of the pandemic. Small and medium enterprises in the following areas will have their applications prioritised: science, technology, engineering and mathematics (STEM) fields; the creative digital sector; hospitality; tourism; manufacturing; health and social care; community and voluntary groups.
As part of Chancellor Rishi Sunak’s ‘Plan for Jobs’ announced on 8 July to help the UK's recovery, businesses will be given £1,500 for each new apprentice they hire over the aged of 25 or £2,000 for each new apprentice under the age of 25. This is in addition to the existing £1,000 payment the Government already provides for new 16-18-year-old apprentices and those aged under 25 with an Education, Health and Care Plan.
Applications will be reviewed on a first come first served basis.