A significant amount of funding is still available to local companies through the Tees Valley Combined Authority Apprenticeship Support for Employers scheme after its scope was broadened to include more fast-growing industries.
As well as key sectors such as advanced manufacturing, logistics and process, chemicals and energy, a sliding scale of support for apprentices is now available for priority sectors including construction and care for the elderly.
Grant A is offered on a sliding scale and is related to the level of the apprenticeship:
Levels 2 & 3 - £2,000
Levels 4 & 5 - £3,000
Levels 6 & 7 - £4,000
An additional grant of £2,000 would be offered for each progression should an apprentice move between levels three to seven This grant is available for small to medium businesses (249 or fewer employees) from the Combined Authority’s identified priority sectors who employ an apprentice aged 19+, working towards a recognised Apprenticeship Standards or Frameworks (up to a maximum of three apprentices per year).
Grant B is available for employers from any sector and offers a sliding scale relating to the apprenticeship level, with Levels 2 & 3 awarded £500 and Levels 4 to 7 granted £1,000. If the apprentice is progressing between levels 3 to 7 an additional grant of £1,000 would be offered for each progression. This grant is available for small businesses (49 or fewer employees) who employ an apprentice aged 19+, (up to a maximum of three apprentices per year).
To find out more and to apply, employers should visit: