Employers to benefit from £10m extension of Flexible Workforce Development Fund
23 July 2018
Support for employers to train and develop staff through the
Flexible Workforce Development Fund is to be extended with a
further £10million investment.
The pilot fund, launched last year, is part of a range of
support for employers subject to the UK Government's Apprenticeship
Levy, which includes the expansion and diversification of Scottish
SME opportunities and increase in funding cap
Through the extension, funding available to eligible levy paying
employers across the private, public and third sectors is also set
to increase from £10,000 to £15,000.
The Flexible Workforce Development Fund provides employers with
financial support to up-skill and re-train employees in partnership
Eligible employers can access the fund, which is administered by
the Scottish Funding Council on behalf of the Scottish Government,
by getting in touch with their local college. Find local college
details by clicking here.
The Scottish Apprenticeship Advisory Board were consulted
throughout the pilot stage advocating some of the changes which
have been introduced including increasing the cap and greater
flexibility for the fund to support larger employers' supply
chains, which will support SMEs.