Here at Baltic, we aim to keep you up-to-date with any recent government changes and how any changes could affect you. Monday, August 1st, saw the most recent change come into effect, these were changes to the AGE grant.
What is the AGE grant?
The AGE 16 to 24 grant for employers aims to support businesses, who would not otherwise be in a position to do so, to recruit individuals aged 16 to 24 into employment through the apprenticeship programme.
The Skills Funding Agency will provide AGE 16 to 24 to eligible employers, in respect of qualifying apprentices, with an individual value of £1,500.
AGE 16 to 24 is for employers with fewer than 50 employees, who are new to apprenticeships or haven’t enrolled a new recruit or existing employee onto an Apprenticeship programme in the previous 12 months. Employers can be paid up to 5 grants in total as long as they fit this criteria.
This funding is nationality awarded by the SFA, unless however, a local authority has taken it upon themselves to administer it. This means the authority in question can choose, depending on their monetary resources, how much is awarded. This can sometimes be higher or lower than the national amount of funding awarded.
So, what is changing?
As previously stated the AGE grant is funded nationally by the SFA, however, as of August the 1st 2016, more local authorities have chosen to administer this funding themselves.
With effect from 1st August 2016 in addition to Greater Manchester, South Yorkshire and West Yorkshire the following Local Authorities will be administering the AGE grant.
Halton, Knowsley, Liverpool, Sefton, St. Helens, Wirral
Darlington, Hartlepool, Middlesbrough, Redcar and
Cleveland, Stockton on Tees
West of England
Bath and North East Somerset, City of Bristol, South
Norfolk and Suffolk
Barbergh, Breckland, Broadland, Forest Heath, Great
Yarmouth, Ipswich, Kings Lynn and West Norfolk, Mid
Suffolk, Norfolk, North Norfolk, Norwich, South
Norfolk, Bury St Edmunds , Suffolk, Suffolk Coastal,
Cambridgeshire & Peterborough
Cambridgeshire, Cambridge City, East
Cambridgeshire, Fenland, Huntingdonshire,
Peterborough, South Cambridgeshire
As each area has a different applications procedure, please visit your local authority website in order to find out how to apply for the AGE grant in your area. For more information on these changes and if you are unclear on where you need to apply for your AGE grant, get in touch today! Either via email at email@example.com or head over to our live chat where a member of the team will be happy to help.