More Support to SME’s to Offer Apprenticeships

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The Government have today (9th January) announced plans to offer more funding support to small and medium sized businesses to offer apprenticeships. An extension of the Apprenticeship Grant for employers of 16 to 24 year olds has been granted to March 2014, with £1,500 available to assist companies with les than 1,000 employees to offer an apprenticeship. This extension to March 2014 comes as a result of the positive feedback from employers and the amount of funding available has also been increased to provide eligible employers with grants for up to ten apprentices. Vince Cable, Business Secretary, said: “I know it can be a big decision for busy, small companies to take on an apprentice. Employers may be concerned about the time recruitment and training will take, and anxious about how it will work. So the £1,500 grant is a token to acknowledge this and thank employers. “I hope many more people will take us up on our cash incentive to grow their business, and train up the workforce of the future.” If you need advice on taking on an apprentice, please contact us.

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