£3,000 apprenticeship subsidy incentive opens today
Applications for the Government’s latest additional incentive apprenticeship payment of £3,000 open today (11 January) for employers who have hired help over the winter.
Businesses who hire or have hired a new apprentice, with an employment start date between 1 October, 2021 and 31 January, 2022, can apply to receive £3,000 per new recruit (compared with £1,500 to £2,000 under previous schemes) regardless of the age of the apprentice. The apprentice must also have an apprenticeship start date between 1 October, 2021 and 31 March, 2022, and applications for funding are open from 11 January, 2022 and close on 15 May, 2022.
This means that for those businesses that haven’t already, or wish to make the most of this additional incentive, have until the end of the month (January, 2022) to onboard any further apprentices. After that point they then have until the end of March, 2022 to enrol them onto an apprenticeship, and until 15 May, 2022 to apply for the Government grant.
Cytech training provider Activate Cycle Academy (ACA) deliver the Level 2 Bicycle mechanic Apprenticeship Standard, with Cytech technical training being at the heart of their programme to ensure that all apprentices gain industry recognised qualifications, as well as completing their apprenticeship. It offers a mix of learning whilst working and includes the following industry’s standard professional qualifications and study modules;
- Cytech theory one (online)
- Cytech technical two
- Cytech technical three
- Functional Skills Level 1 or 2 in English and Maths
- Health & Safety in the Workshop
- Legal Compliance
- Customer service and advanced selling skills
- Business administration studies plus lots more
Apprenticeships benefit everyone involved, particularly in challenging economic times. Employers get engaged and loyal staff, apprentices get valuable on-the-job training and customers get professionally maintained bikes. For the employer, training costs involved with apprenticeships are heavily subsidised (if you don’t pay into the apprenticeship levy), making it an extremely cost-effective means to upskilling your staff.
For more information about how this apprenticeship can boost your business, contact Activate Cycle Academy on 01865 550324, or email here.