Funding

Apprenticeship Levy 

The Apprenticeship Levy is a UK initiative targeting large employers to fund apprenticeships. Businesses with a payroll bill over £3 million per year must pay the levy, but all employers can benefit: 

Levy-paying employers: Funds collected can be used to pay for apprenticeship training and assessment. 

Non-levy-paying employers: Smaller employers can receive government funds covering 95% of apprenticeship training and assessment costs, with the employer contributing the remaining 5%. 

• Apprenticeship levy transfer funding (brighton-hove.gov.uk)
• Apprenticeship funding: how it works - GOV.UK (www.gov.uk)
• Employing an apprentice: Get funding for apprenticeship training - GOV.UK (www.gov.uk) 

Access to Work 

This is a UK government scheme aimed at supporting people with disabilities or health conditions to start or stay in work. The assistance includes: 

Workplace adjustments: Funds for special equipment, adaptations, or support workers. 

Travel costs: Assistance with travel to and from work. 

Support services: Such as interpreters or job coaches to help employees with disabilities perform their job roles effectively. 

• Access to Work factsheet for employers - GOV.UK (www.gov.uk) 

Skills Development Funding 

Various grants and subsidies are available to businesses keen on improving workforce skills: 

Employee training grants: Financial assistance for workers to acquire new skills or enhance existing ones. 

Subsidies for professional courses: Help to cover the cost of enrolling employees in professional certification programs. 

• Find training and employment schemes for your business - Landing Page (education.gov.uk) 

Innovation Funding 

Grants and incentives to encourage businesses to invest in research and development, helping drive innovation: 

Research and Development grants: Provided by organizations like Innovate UK for pioneering scientific and technological advancements. 

Sector-specific initiatives: Funding programs tailored to industries like biotech, IT, or renewable energy. 

• Apply for innovation funding - GOV.UK (www.gov.uk) 

Small Business Grants 

Financial support from local or national government bodies to assist SMEs in growing and innovating: 

Development grants: For expansion, buying new equipment, or entering new markets. 

Innovation and startup funds: For new businesses.  

• Finance and support for your business - GOV.UK (www.gov.uk)