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New grants to open up more apprenticeship opportunities

News release 10092, published on 13 Jan 2022
Businesses can now benefit from grant funding, as part of a new scheme to boost the number of apprenticeship opportunities available in Basingstoke and Deane.

As part of its work to support the borough’s economic recovery, Basingstoke and Deane Borough Council is giving micro, small and medium-sized businesses grants of £5,000 for the creation of new apprenticeship opportunities.

Apprenticeships are a combination of work and off the job training and are a great way for employers to take on new staff or upskill and reskill existing staff.

Businesses who take on a new apprentice or increase the number of existing staff undertaking apprenticeships will be able to apply for up to three grants, however this will be reviewed if further funding becomes available.

The grant, which is in addition to existing government incentives, can be used to cover the costs of recruiting and retaining apprentices but cannot be used to pay for an apprentice’s salary.

Businesses will need to register an expression of interest and an application pack will then be sent to businesses who are eligible for the funding.

Grants will be awarded on a first come first served basis and all applications must be received by Friday 18 March 2022.

Leader of Basingstoke and Deane Borough Council Cllr Ken Rhatigan said: “Apprenticeships are a fantastic way into work and can be a great option for those who want to kickstart a fulfilling career or for those who want to develop new skills. It is an excellent way to earn while you learn for people of all ages and can even enable you to go to university without taking on student debt.

“We are committed to doing everything we can to support the borough’s businesses as they look ahead to recovery from the COVID-19 pandemic. I am pleased we have been able to use this funding to encourage businesses to provide new apprenticeship places for our residents or give their existing staff new opportunities.”

To find out more about the scheme visit www.basingstoke.gov.uk/apprenticeship-business-grant-scheme
 
ENDS

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