Apprenticeship Grants for Employers (AGE)
Employer Incentive: AGE 16 to 24
New Apprenticeship Grants for Employers go live from April 2012.
Take on an apprentice and receive £1,500 in addition to training costs.
Taking on apprentices can improve the bottom line of your business and boost your productivity and competitiveness. It can also fill in gaps in skills and provide skilled workers for the future, while lowering your recruitment and training costs.
A new national grant scheme for companies with up to 250 employees will assist them in recruiting their first apprentice aged 16 to 24. The AGE scheme will continue until January 2014.
The grant will be given to 40,000 eligible employers. While most of them are expected to recruit one apprentice, up to 3 grants can be paid to one employer, subject to the employer’s upfront commitment to the total number of apprentices to take on.
Large employers are not eligible for support through this incentive, but small and medium-sized companies within their supply chain are encouraged to use the grant.
The money will be paid in two prompt instalments of £750, the first one at week 8 and the remainder at month 12 of the young person’s Apprenticeship programme. Payments will be processed by quality assured training providers.
Find out more
Contact local training providers:
Richmond upon Thames College
Contact: James Campbell
Tel: 020 8891 0992
Way to Work
Contact: Mary Castledine
Telephone: 020 8487 5383