Cash boost for apprenticeships launched

Businesses of all size in England can now claim £3000 for each new apprentice they take on from until 30th September.

The cash incentive is designed to help more employers invest in the skilled workforce they need for the future, as part of the government’s Plan for Jobs.

It will hopefully bring the skills and education system closer to the employer market and widen the opportunities that are available, as the country recovers from the pandemic.

Apprenticeships are playing a central role in reforms to post-16 education and training, ensuring more people can gain the skills they need to get the jobs they want.

Employers can choose how to spend the cash, for example, covering equipment, uniform or travel costs for the apprentice.

Gillian Keegan, Minister for Apprenticeships and Skills said:

“Apprenticeships are a fantastic way for employers large and small to grow their businesses and will continue to play a key role in our economic recovery. This cash boost will help even more employers to invest in their future workforce, creating more high-quality apprenticeship opportunities so businesses have the skilled talent pipeline they need to thrive.”

Chancellor Rishi Sunak added:

“By boosting the cash incentives for our apprenticeship scheme we’re improving opportunities for young people – this could not be more important in our economy’s recovery.”

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