New funding for apprenticeships

Prime Minister makes announcement during apprenticeship week

Published:  10 February, 2012

THE Prime Minister has announced a new round of Government funding to support thousands of apprenticeships which is hoped will help deliver the world class skills firms need to drive growth.

From this week, businesses and training providers can bid for a share of £6m from the Higher Apprenticeship Fund, which will support the development of thousands of new Higher Apprenticeships in sectors including aerospace, energy and automotive engineering.

To mark National Apprenticeships Week, the Prime Minister also opened the bidding for a pilot scheme, inviting employers in England to apply to access up to £250m of public investment and secure more control over how skills training is designed and delivered. He also announced that from this week, small firms will be offered an incentive of £1,500 to hire their first young apprentices.

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