Financing Apprenticeships

There are various schemes designed to help you to take on and train new staff. If your recruit is aged 16-24, they could be eligible for an Apprenticeship and the following grant can assist with funding.

National Age 16-24 Grant

The Apprenticeship Grant for Employers of 16-24 year olds has helped thousands of businesses with less than 50 staff to train their apprentices. Up to five grants with an individual value of £1,500 can be claimed during the initiative’s lifetime by employers who are new to Apprenticeships or haven’t enrolled anyone on a programme in the last 12 months. It is available for Apprenticeships starting up to and including July 31 2017. In Greater Manchester, Sheffield City Region and West Yorkshire, the grant is managed locally and the eligibility criteria may differ.

Is my business eligible?

You can claim up to five grants if you have not had an Apprenticeship start in the last 12 months, you have fewer than 50 employees and are unable to recruit a trainee without financial assistance. Only one grant will be paid for each individual and you must commit to employ them for at least 12 months, or the time it takes to complete the Apprenticeship, whichever is greater.

Will my apprentice qualify?

If you have a new recruit or existing employee aged 16-24 who is not in full-time education, you can apply for the grant. They must be enrolled on an Apprenticeship framework recognised by the Skills Funding Agency, live in England and not be working in an area where grant funding has been devolved.

How do I apply?

You must complete and return an AGE 16 to 24 Employer Declaration to your chosen training provider to confirm eligibility before your new recruit starts work and disclose how many apprentices you intend to take on, although this can be updated. Only approved training organisations can submit the application on your behalf and grants are issued on a first come, first served basis. Once your apprentice has completed 13 weeks’ learning, you will receive the £1,500 but it may take up to nine weeks for this payment to be processed. If your apprentice leaves or is dismissed before the qualifying 13 weeks has elapsed, you will not receive the grant.

Local funding

Many towns and cities run their own incentives and grant schemes to encourage investment in skills and employment. You can apply for these in addition to the grant outlined above. Contact your local Interserve Learning & Employment office for information.

Find out more

To learn more about the eligibility criteria and suitability of The Apprenticeship Grant for Employers of 16-24 year olds, email or contact us on 0333 444 5055.