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Thursday, 21 January 2010

Apprenticeship grant for employers of 16 to 17 year olds

A new grant for employers has been announced to make it easier to take on young apprentices.

The National Apprentice Service (NAS) is offering the wage subsidy for a limited period until the end of March, to assist businesses in recruiting 16 or 17 year old apprentices.

The subsidy of £2,500 is available immediately for all employers, except for large public sector organisations – with up to 5,000 grants available nationwide. The funding is in addition to the costs of training apprentices, which are already met by the NAS.

Manchester Solutions Group is coordinating the grant applications on behalf of the National Apprentice Service. Employers will receive a quick response on whether the grant is available to them, and on employer size banding eligibility for public sector organisations.

Eligible employers would receive the grant in two payments - £1,500 when the young person starts, and a further £1,000 after 12 weeks.

Employers will be asked to sign an agreement which commits them to employing the apprentice in paid employment for the duration of the Apprenticeship training programme, and to pay the apprentice at least the minimum Apprenticeship wage of £95 per week.

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