West Midlands small businesses gain access to £40m Apprenticeship funding from Levy Transfer Scheme
July 4th, 2019
Independent Apprenticeships provider, Skills Training UK, has supported the first West Midlands SME employer to gain access to a fully funded STEM Apprenticeship programme through the West Midlands Combined Authority’s (WMCA) £40m Levy Transfer Scheme.
The new scheme allows Apprenticeship Levy-paying employers to transfer their unspent Levy pots to WMCA, which is then used to fully fund STEM Apprenticeship training for small businesses in the West Midlands.
Engineers merchant Jackdaw Tools has become the first employer to gain access to the funding, after Skills Training UK supported them to applyfor the scheme and helped to recruit a Level 3 Digital Marketing Apprentice.
Mark Younger, Sales Director at Jackdaw Tools, said: “Whilst we have established long-lasting relationships with existing trade and consumer clients, we recognised that to grow our business we couldn’t stay complacent and had to invest in the digital side of our business.”
“Skills Training UK alerted us to the scheme and by having the full cost of the Apprenticeship covered, we have been able to invest in the important hardware and software that will help our new Apprentice bring Jackdaw into the digital age, I have no doubt that this will have a positive impact on our business.”
At a recent event, Minister for Skills and Apprenticeships, Anne Milton MP, joined the Mayor of the West Midlands, Andy Street, in commending the innovative new scheme.
Mayor Andy Street said: “I am pleased we were able to show Anne Milton, Minister for Skills and Apprenticeships, how the West Midlands is leading the way on apprenticeships, and how the powers we have been given by Government are making a real difference to businesses, their staff and people forging their careers in our region.
“We are grateful for Skills Training UK who are fully supporting the scheme and helping share this opportunity among West Midlands employers.”
Sue Gidman, from Skills Training UK, added: “Following our longstanding relationship with the West Midlands Combined Authority, we are delighted to support Jackdaw Tools to gain access to the Levy Transfer funding. We initially worked with Jackdaw Tools to identify their specific business needs and how we could design and deliver an apprenticeship programme that introduced new skills to the business.
“We are looking forward to seeing the positive outcomes that this programme will bring and will continue to work with SMEs across the West Midlands to introduce more STEM sector skills across the county"
Skills Training UK was recently recognised as ‘Training Partner of the Year’ at the Times Education Supplement 2019 Awards and has a proven track record in working with SMEs, as well as larger employers, to design and deliver bespoke Apprenticeships training programmes which increase productivity and meet employer goals.
To find out more about the West Midlands Combined Authority Levy Transfer Scheme, and how it can be used to introduce STEM sector skills to support your small business, email firstname.lastname@example.org.