Small Business Offered £2.5k to Take on Apprentices

Small Business Offered £2.5k to Take on Apprentices

The National Apprenticeship Service (NAS) has launched a scheme offering small firms grants of up to £2,500 as an incentive to take on young apprentices.

The AGE 16 and 17 scheme is open to businesses which take on unemployed 16 and 17-year-olds for a minimum period of 12 months. Up to 5,000 grants are available across the UK until the end of March 2010.

Firms interested in signing up should contact the NAS, which will help employers find a suitable training provider to deliver the scheme and to recruit an apprentice.

“Apprenticeships provide an effective means of driving business forward,”

said NAS regional director, John Wayman.

“Having the right skills in place will help support economic growth and avoid a shortfall of suitable labour in the future.”

Grants will be awarded in two payments: £1,500 when the apprenticeship starts and a further £1,000 after 12 weeks. Employers are required to pay at least the minimum apprenticeship wage of £95 a week. Any additional training costs will be met by the NAS. If the apprentice leaves before finishing the training, a proportion of the grant will become repayable by the firm.

Visit the NAS website for more information about the grant scheme or telephone 08000 150 600 and mention “AGE 16 and 17”

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