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Grants and fund­ing for businesses

Appren­tices are a fan­tas­tic addi­tion to the work­force and with finan­cial sup­port avail­able there has nev­er been a bet­ter time to recruit! If you’re not sure where to start, our team of experts are on hand to help. Sim­ply fill in the enquiry form on this page and we’ll be in touch!

Apprenticeship Incentives

  • Employ­ers can receive a £1,000 pay­ment the gov­ern­ment already pro­vides for 16 – 18-year-old appren­tices, and those aged under 25 with an Edu­ca­tion, Health and Care Plan.
  • Pay­ments will be made in two instal­ments, 50% when the appren­tice has been in learn­ing for 90 days and the final 50% at 365 days.
  • To enable you to claim the incen­tive you have to reserve fund­ing on The Appren­tice­ship Ser­vice account upfront.
  • Grants will be processed through the Appren­tice­ship Service.
  • There is no lim­it on the num­ber of incen­tive pay­ments that can be claimed for new appren­tices. (Appren­tices must meet eli­gi­bil­i­ty criteria).

Whether you’re look­ing for help unlock­ing fund­ing, recruit­ment or train­ing options, our team helps hun­dreds of employ­ers every year. Fill in the form below and we’ll be in touch.

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Reserving Apprenticeship funding through the Apprenticeship Service

The Appren­tice­ship Ser­vice is designed to help employ­ers access new appren­tice­ship stan­dards, train­ing providers and fund­ing for appren­tice­ships through an online ser­vice account.

The Appren­tice­ship Ser­vice puts employ­ers in con­trol and allows you to reserve fund­ing for appren­tice­ship train­ing. It also allows you to choose the type of appren­tice­ships you want to start, the num­ber of appren­tices you take on, and the train­ing provider that suits your needs.

By reserv­ing fund­ing in this way the Gov­ern­ment will trans­fer 95% of the cost to the cho­sen provider and you (the employ­er) will fund the remain­ing 5% as your contribution.

Extra sup­port for small employ­ers
(Few­er than 50 staff)

Employ­ers with few­er than 50 peo­ple work­ing for them will not have to pay the 5% co-invest­ment fee for an appren­tice who is aged between:

  • 16 – 18 years old
  • 19 – 24 years old and who has pre­vi­ous­ly been in care or who has an Edu­ca­tion, Health and Care plan pro­vid­ed by their local authority

3 step registration process

  1. Cre­ate user account
  2. Add PAYE
  3. Con­firm organisation

Once you have set up your account you’ll need to reserve funding.

What do I need to know?

  • Which apprenticeship standard will be chosen
  • What month the apprenticeship training will start

Before the apprentice starts their training, you can change the apprenticeship start date and standard.

When can I use reserve funds?

The reserved funds are available to use from the month of the apprenticeship start date and the following 2 months.

The reservation will expire at the end of the 3rd month if you do not use it.

Funding status explained

There are 3 funding statuses:

  • Active: You’ve reserved funds, but have not added or saved the apprentice’s details (if you can see ‘add apprentice details’ in your account, then the reservation is ‘active’).
  • Used: You’ve reserved funds and added the apprentice’s details.
  • Expired: You did not add or save the apprentice’s details to a reservation within the 3 months that the reservation covers

Example funding scenario

You choose January as the apprenticeship training start date. The funding reservation is valid for January, February and March and expires on 1st April.

To stop the reserved funds from expiring, you need to add apprentice details.

For more infor­ma­tion call 0115 945 7260 or email business@​nottinghamcollege.​ac.​uk.