The ESFA has given SME’s the opportunity to access any provider on the Registered Apprenticeship Training Provider list and utilise levy funding to support training which includes both new roles and the upskilling of existing employees. Employers will be able to create an account, reserve access to funding and choose a Registered Apprenticeship Training Provider of which SRSCC is a member.
The Education and Skills Funding Agency (ESFA) is keen to ensure the programme remains affordable. Consequently, it’s allowing individual employers to reserve funds for a maximum of three apprenticeship starts, and you should also note that the scheme covers apprenticeship standards only and not frameworks.
It’s good news for SMEs – particularly those operating in smaller markets or based in rural areas – who’ll now be able to offer apprenticeships.