Apprenticeships - Transfer of Funds
Transferring Apprenticeship levy funds to other employers
The Apprenticeship levy is already giving employers like us a real opportunity to invest in high-quality training, helping to grow our business and develop the skilled workforce we need to thrive and succeed. Government reforms have now given us the opportunity to work in partnership with other employers, supporting them in recruiting new apprentices and to develop the skills of existing employees.
As a levy paying employer with an ambitious Apprentice Strategy, we can now transfer up to 25% of our annual Apprenticeship levy funds to other employers, helping to increase the number of high-quality Apprenticeships across the county.
Who can apply to receive transferred funds?
We can transfer funds to employers for new Apprenticeship starts. This can include new recruits as apprentices or existing employees wanting to develop their skills by undertaking an Apprenticeship. We are not able to transfer funds for Apprenticeships that have already started.
Employers eligible to express an interest for funding can be:
- Organisations that are partners, stakeholders or in our supply chain based in or around the county of Staffordshire that support our strategic aims.
- Voluntary, Community and Social Enterprise (VCSE) sector serving Staffordshire residents.
- Staffordshire schools that do not pay into our apprenticeship levy.
- Employers that have opportunities for 16-18 year olds but are unable to access funding via training providers.
What are our strategic aims?
To gain maximum benefit from the levy funds, applications will be prioritised using the following criteria:
- Priority 1: Creating Apprenticeship opportunities for disadvantaged groups.
- Priority 2: Creating Apprenticeship opportunities for 16-18 year olds with no access to funding as part of the Growth and Skills strategy.
- Priority 3: Creating Apprenticeship opportunities for higher level skills.
- Priority 4: Creating Apprenticeship opportunities in known skill shortage areas within the County.
Priority will be given to those applications where there is an offer of some additional activity to support young people in disadvantaged groups such as providing, bursaries for care leavers; mentors; work experience placements; work tasters; guaranteed interviews etc.
What is the process for applying for funds?
The transfer application process has now closed and the opportunity to apply for transferred funds will re-open in early 2020. If you would like to be notified of this, please email firstname.lastname@example.org.
If you have any further questions or would like more information, please email us.
Detailed guidance can be found on transferring unused apprenticeship funds to other employers.