Latest News - Employer AGE Grant
Apprenticeship Grant for Employers of 16 to 24 year olds (AGE 16 to 24)
The grant of £1500 is aimed at helping eligible employers to offer young people employment. It is open to organisations employing less than 1000 employees. Up to 10 grants can be made to any one employer. However, the employer must commit to the total number of apprentices they wish to take on through the grant at the upfront agreement stage.
- Employing an apprentice for the first time or not had one in the last 12 months
- Apprentice must be aged between 16 and 24
- A maximum of ten grants for ten apprentices
- Commit to employ your apprentice for the duration of their training
- Commit to pay your apprentice the minimum apprentice wage of £2.65/hour
How the payment works:
On commitment to recruiting a young person and supporting them through their Apprenticeship programme, employers will receive the £1500 payment from the Training Provider (for example Newbury College) following the apprentice completing 13 weeks of their Apprenticeship Programme. Payments will be made to employers once Newbury College have been given written confirmation of the employer's eligibility by the Skills Funding Agency (SFA) and confirmation that the funds have been released.
For more information on the AGE grant Download the employer factsheet.