What Funding is available for Apprenticeships?
- Funding
- Last updated 10 Jan 2020
In England, the cost of the off-the-job training element of apprenticeships is funded by the government.
There is state funding available to help with other costs involved with apprenticeships in small businesses, called the Apprenticeship Grant for Employers of 16 to 24 year olds (or “AGE 16 to 24”).
What AGE 16 to 24 does
AGE 16 to 24 aims to support businesses - who would not otherwise be in a position to so - to recruit individuals aged 16 to 24 into employment though the apprenticeship programme.
The Skills Funding Agency will provide AGE 16 to 24 to eligible employers, in respect of qualifying apprentices, with £1,500.
AGE 16 to 24 is for employers with less than 50 employees, who are new to apprenticeships or haven’t enrolled a new recruit or existing employee onto an apprenticeship programme in the previous 12 months. Employers can be paid up to five grants in total.
For details and fact sheets, visit the Skills Funding Agency website.
The Creative Employment Programme
The Creative Employment Programme is a £15m fund to support the creation of traineeships, formal apprenticeship and paid internship opportunities for young people aged wishing to pursue a career in the arts and cultural sector.
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