The Government has launched a £2.5 million fund) for small and medium-sized engineering companies to invest more in the skills of their workforce and improve their business performance.  This is the first tranche of a £10 million fund to give employers a leading role in tackling skills shortages in engineering.  It provides a 50% grant from Government, with a simple, fast to access application process. 

It follows the recent Engineering Skills funds - for Improving Engineering Careers and Developing Women Engineers, which closed on 5th December.  We have made it easier for smaller companies with a much lower minimum funding threshold (£10,000) and allowing employers to include staff wage costs during training as part of the eligible costs.

It is open until the 27th February 2015 – or until funds are all allocated.  More information on registration and guidance on making an application can be found through the Gov.uk website at the following link:  

https://www.gov.uk/government/publications/employer-ownership-improving-engineering-careers-smaller-companies

Any queries please contact: employerownershipenquiries@bis.gsi.gov.uk
 

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