Funding and Apprenticeship Levy

The GC Business Hub team are here to support you to make the most of available funding. If you are looking to develop your apprenticeship and levy strategy, get in touch for a free consultation and advice on the best apprenticeship programmes for your organisation. 

Apprenticeship incentives

The following government incentives are available for all employers in England for each new apprentice they hire:

For apprentices who join your organisation between 1 April 2021 and 30 September 2021

• £3,000 for every new apprentice of any age
• An additional £1,000 for every new apprentice aged 16-18

That’s a total of up to £4,000 per apprentice hired paid directly to your business.

You can apply for incentive payments for these incentives from 1 June 2021.

For apprentices who joined your organisation between 1 August 2020 and 31 March 2021

• £2,000 for every new apprentice aged 16-24
• £1,500 for every new apprentice aged 25 and over
• An additional £1,000 for every new apprentice aged 16-18

That's a total of up to £3000 per apprentice hired paid directly to your business.

To apply for these incentives, you need to set up and access the Apprenticeship Service

Our team have prepared a helpful guide to talk you through setting up your account.

We are here to help. 

If you have any questions, please do not hesitate to get in touch with our dedicated Business Hub team for support.

Funding for apprenticeship training

If you pay the apprenticeship levy, you can use your levy funds to pay for apprenticeship training, whether that's bringing in new talent to the business, or upskilling existing employees.  We can support you to maximise your levy strategy and make the most of funding on offer.

If you are not a levy payer, (your wage bill is less than £3 million) you will contribute just 5% of the total cost of your apprenticeship training, the Government will pay the remaining 95%. 

If your company has less than 50 employees and you take on a 16-18 year old, you are entitled to receive the training completely free of charge.

Get in touch with our Business Hub team on 01452 563400 / business.hub@gloscol.ac.uk, or by filling in the form below.