The Apprenticeship Grant for Employers 16-24 (AGE) scheme provides funding of up to £3,500 for small businesses to employ individuals aged 16-24 years, through the apprenticeship programme with the potential of creating up to 700 apprentices.
The scheme is available to those working to approved apprenticeship ‘frameworks’ and is designed for businesses which would otherwise not have been able to employ an apprentice.
Councillor Christopher Akers-Belcher, Lead Member for Skills for Tees Valley Combined Authority, said: “The devolving of the AGE grant to the Combined Authority will create significant opportunities for our smaller employers, in that we can be more flexible with the eligibility and features of a local scheme to make it available to as many Tees Valley businesses as possible.
“It will create more quality apprenticeships for our young people and provide employment and learning opportunities that will stand Tees Valley in good stead for the future.”
If you’ve enjoyed this article, click on the link below to sign up for more similar stories in your region.
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement