Is there funding available?
Apprenticeship funding has changed a lot over the years
Apprenticeship funding can vary significantly depending on the size of your business and the industry you work in. Larger companies often have access to more substantial funding options, while smaller businesses may benefit from specific grants or incentives designed to encourage apprenticeship programs. Additionally, certain industries may receive more support due to skills shortages or government initiatives aimed at boosting workforce development in those sectors. Understanding these factors can help you navigate the funding landscape effectively.
Some
central government advice on Apprenticeship funding can be found here but we know that sometimes you might need help understanding the wider costs and impacts, as well as what the financial picture will look like for you.
This is an excellent resource to help you understand the benefits and funding and even has an embedded calculator that can help you understand what funding may be available to you based on your individual circumstances.
You can also see our page on
what an Apprenticeship costs to find out more