Apprenticeship funding pledges now live!
Since 13 September, levy-paying employers have been able to of up to 25% of their annual levy funds to support apprenticeships in other businesses. They can select how much funding they want to transfer and set optional criteria for the types of businesses and apprenticeships they would like to support.
Employers have already pledged over £1 million for the 2021 to 2022 financial year, with many more expected to pledge in the coming weeks.
All businesses can now browse these funding opportunities on a new gov.uk webpage.
Employers can apply for funding to pay for 100% of their apprenticeship training and assessment costs (up to the funding band maximum).
Levy paying employers can use their apprenticeship service accounts to review, approve or reject any pledge applications.
Find a business to fund training for your apprentices (manage-apprenticeships.service.gov.uk)