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New Government apprenticeship incentives

Apprentice Redundant, apprenticeship funding, apprenticeship distinction, matrix standard, cyber essentials

New Government apprenticeship incentives

As England adjusts to the new normal, the Government are introducing financial support to help employers hire new apprentices. Through apprenticeships, you can build competitive skills to encourage growth in your organisation

 

When you hire new apprentices between 1 August 2020 and 31 January 2021, you can apply for extra funding to give your organisation a boost.

 

 

For apprentices aged:
  • 16 to 24, you’ll receive £2,000
  • 25 and over, you’ll receive £1,500

 

The payment is in addition to the existing £1,000 you’ll already get for taking on an apprentice who is:
  • aged 16 to 18 years old
  • under 25 and has an education, health and care plan or has been in the care of their local authority

 

You could get the incentive payment when you hire an apprentice who’s been made redundant, as long as they’re new to your organisation.

 

To find out more information about the new incentives, please visit here or email hello@itene.co.uk
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