The successful Employer Training Incentive Pilot which has helped numerous businesses in Norfolk and Suffolk with training costs for staff,has this month increased the amount per learner meaning businesses can claim more funding.
Under this scheme businesses canreceive cashback towards staff training, apprenticeships and qualifications.Businesses can claim 25% cashback on additional training up to £1,500 per learner (previously £1,000).It is only available until 28th February 2017 to businesses that employ less than 250 people (globally) to help Norfolk and Suffolk SMEs to grow.
ETIP Funding can be clamed back on business trainingNorfolk Chamber has recently launched namedThe Training Roomwith half-day workshops on social media, marketing, personal development from experienced trainers.
The scheme
- is available to SMEs across Norfolk and Suffolk
- offers a 25% return against cash paid on additional training made by the employer to a maximum claim value of £1,500 per learner; for Level 3 & 4apprenticeships and qualifications this rate rises up to 40%
- gives the businesses control regarding the choice of provider used to train their staff and the training required
- Eligible training must be additional i.e. non-mandatory and used to enhance productivity, efficiency or vocational effectiveness.
Training can either be
- an apprenticeship (over 19 years of age)
- an accredited Qualification Level 1-4
- non-accredited training
For more information about ETIP and how to apply please click here.
