As of this month (January) SME’s will be able to reserve funding up to three months ahead of their chosen apprenticeship programme start, through a Digital Apprenticeship Service account.
Prior to these changes, SMEs could only access funding through certain educational partners or through levy transfer from larger organisations. The new funding route makes it possible for companies of any size to work with the University of Brighton as an educational partner.
Viki Faulkner, Head of Apprenticeships at the university, said: “This is great news for smaller businesses as they will be able to access funding, which we anticipate will cover up to 95% of the cost of the educational elements.”
Levy transfer is still available as an option for SMEs in addition to the new direct route.
The University of Brighton delivers a range of apprenticeship programmes in sectors including business and management, construction and the built environment, health and science and teaching.
The university will be holding a Business Breakfast on 4 February for businesses of any size to discuss the changes to funding arrangements and provide information on a range of degree-level apprenticeships.
The university also offers guidance in setting up Digital Apprenticeship Service accounts, reserving funding or seeking a levy transfer arrangement.
For more information visit: the university website or email email@example.com.