Torbay Arts Development Officer / News / Tue 17th Apr 2012 Apprenticeship Grants for SMEs
Small and Medium Sized Enterprises (SME’s) recruiting 16–24 year olds can now apply for apprenticeship grants of up to £1,500 through the AGE 16 to 24 programme.
Priority will be given to small-medium sized employers with less than 250 employees and the Government expects to support at least 40,000 of these employers to recruit an apprentice for the first time. 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. It is expected that most employers will want to access AGE 16 to 24 to support the recruitment of one apprentice. However subject to budget availability and the employer’s commitment to support the apprentice to the end of their programme, up to 3 grants can be made to any one employer.
For information visit: http://www.apprenticeships.org.uk/Employers/Steps-to-make-it-happen/Incentive.aspx
For more information visit http://www.apprenticeships.org.uk/Employers/Steps-to-make-it-happen/Incentive.aspx