Skills Academy Apprenticeship Grant for
North East SMEs available now
AGE 16 to 24
The new AGE 16 to 24 year
olds scheme is aimed at helping eligible employers in the region to
offer young people employment through the Apprenticeship programme,
by providing wage grants to assist employers in recruiting their
first apprentice.
The Skills Academy will
provide grants to small and medium sized employers (SMEs)
recruiting 16 to 24 year olds with a value of £1,500 to encourage
new employers to take on new apprentices. The £1,500 is in addition
to the training costs of the Apprenticeship framework which are met
in full for young people aged 16 to 18 and 50% for those aged 19 to
24.
The AGE 16 to 24 grant is
available now from the Skills Academy and will run until March 2013
for eligible employers who recruit an apprentice aged 16-24 for the
first time.
The new Apprenticeship
grant of £1,500 is payable in two instalments, to those employers
who commit to employ one or more 16 to 24 year old apprentices for
the first time. The payment is a grant and is exempt from VAT.
Priority will be given to
small-medium sized employers with less than 250 employees to
recruit an apprentice for the first time. Large employers (more
than 250 employees) are not eligible for support through this
initiative. But we do want to encourage take up within their
small-medium enterprises (SME) supply chain.
Priority will be given to
SMEs with less than 250 employees. Large employers (more than 250
employees) are not eligible for support through this scheme, which
is designed to stimulate employment in the SME sector. But we do
want to encourage take up with within their SME supply chain, and
are grateful to those who can publicise the scheme.
Call the
Skills Academy on 01325 740 900 to discuss the scheme
further.