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New Apprenticeship Grant Available

AGE 16 to 24 programme supports employers

The Apprenticeship Grant for Employers of 16 to 24 year olds (AGE 16 to 24) aims to support businesses, who would not otherwise be in a position to so, to recruit individuals aged 16 to 24 into employment though the Apprenticeship programme.

The grant will continue to operate for the rest of the 2014/15 financial year -  under the current eligibility rules -  and further funding has been approved to support demand within this period. This will be used for apprentices with start dates up to December 31, 2014.

A new AGE 16 to 24 programme will begin from January 2015 focussing on businesses  with fewer than 50 employees.

According to the new eligibility rules, employers will be able to draw down a maximum of five grants of £1500.

The National Apprenticeship Service will provide AGE 16 to 24 to eligible employers, in respect of qualifying apprentices, with an individual value of £1500. Employers can currently be paid ten grants in total during the lifetime of the initiative. Under the new grant (for starts from January 2015) this will change to a maximum of five grants.

Age 16 to 24 currently targets employers with less than 1000 employees, who are new to Apprenticeships or who have not enrolled a new recruit or existing employee on an apprenticeship programme in the previous 12 months.

From January 2015, the grant will support employers with 50 or less employees. As before these employers will not have enrolled an employee on the apprenticeship programme in the previous 12 month period.