Back to Business: Employer Incentives & Funding
If you hire an apprentice between the 1st April and 30th September 2021, you will receive £3,000 regardless of your apprentice’s age.
You could receive:
>£4,000* for hiring a 16-18 year old apprentice (19+ with EHCP)
>£3,000 for hiring 19+ year old apprentice
*includes the current £1,000 incentive for hiring a 16-18 year old apprentice
To be eligible for the funding, your new apprentice must:
>Be a new employer to your organisation
>Have a contract of employment start date between 1 April 2021 and 30th September 2021
>Not have been employed by the employer within the six months prior to the contract start date
You will also need to have set up a Digital Account to receive these funds. Our team can help you do this or you can follow the advice given by the government on the link below. Please do not worry if it looks complicated – our team are here to help you.
Furthermore:
>You can receive £1,000 for each returning furloughed apprentice
> Choose from our talent bank of applicants ready and waiting to start an apprenticeship
>Be assigned a dedicated Employer Engagement and Apprenticeship Specialist
FUNDING FOR EMPLOYERS: The Government will pay funding in addition the above government incentives. If you are a Small to medium business (SME) and employer less than 50 employees, the government will pay:
>100% apprentice’s training if the apprentice is 16-18 years old
>95% of the apprentice’s training if the apprentice is 19+ years old
For more information, please contact our Hair & Beauty Apprenticeship Specialist Becky on t: 01772 225772 m: 07979 700608 e: blavin@preston.ac.uk
