Apprenticeships for SMEs

You can access government funding to meet at least 95% of the cost of training any Apprentices you recruit and also any existing staff you need to upskill.

Apprenticeships for SMEs

How Much Does It Cost?

As an employer that doesn’t pay the Apprenticeship Levy, you pay just 5% towards the cost of training and assessing an apprentice. The government will pay the rest up to the funding band maximum.

You’ll pay BCTG directly and we will agree on a payment schedule at the start of the programme.

  • However, if you employ fewer than 50 employees, the government will pay 100% of the apprenticeship training costs up to the funding band maximum for apprentices aged:
    16 to 18
  • Or 19 to 24 with an education, health and care plan provided by their local authority or has been in the care of their local authority

If your apprentice started before 1 April 2019, you pay 10% towards the cost of training and assessing your apprentice and the government pays the rest. This rate continues until your apprentice completes their training.

Apprenticeship Service Account

To access this funding, you will need to create an account on the Apprenticeship Service. You can do this yourself, or our Business Support staff will be happy to do this for you. Either way, you retain full control of the account.

Incentive Payments for Hiring a New Apprentice

From time to time, the government will offer incentives to employer to recruit an Apprentice. These do vary, but our Business Support Staff will tell you what’s currently available and help you apply.

Hire An Apprentice Who Has Been Made Redundant

You can also use a new government service to help you hire apprentices who have been made redundant.

Many of these apprentices may already have the skills and knowledge you need. Hiring a new apprentice in this way could mean you have a work-ready apprentice who can quickly add value to your business, shortening the time you’ll see a return on your investment.

It also means you are supporting an apprentice to complete their training and achieve their apprenticeship.

If you hire an apprentice that has been made redundant, you can apply for any incentive payments for hiring a new apprentice.

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