Funding
As part of the Train to Gain service, Brokers can offer a wide range of training and development solutions to suit the needs of the employer and their staff. Some of these solutions attract funding and others will need to be funded or part funded by employers. In each region there are different monies available to support employers (please see each regional site for details). Brokers are responsible for helping employers get the best value for money out of the training route they pursue.
There is a range of Government subsidised training and qualifications available through Train to Gain including:
- Skills for Life qualifications
- First and full level 2 qualifications
- Level 3 (where the employee does not have a Level 2)
- Apprenticeships
- Advanced apprenticeships
Brokers advise where employers have to pay for the training and help them choose the best value providers.
There is compensation available for companies with less than 50 employees via Contribution to Wage Costs.
***NEW***
The updated Requirements for Funding Train to Gain 2007/08 (Version 4) can be found
here.
This includes updated or new information on areas such as;
- Funding for 'new flexibilties'- details on funding for volunteers, self employed and Local Employment Partnerships (LEPs)
- Clarification on funding for sole traders and self-employed
- Clarification on references to 'Skills for Life' and 'Basic Skills' and funding in this area
Revised Funding Guidance fron LSC- Further Education
Click here to go to the revisied funding guidance (v 2.1) for Further Education, as published by the LSC from 23rd June 2008.
