TSW is working with businesses to help them apply for this funding, thereby keeping costs down.
How much can you claim on the Flexible Skills Programme?
All approved training courses will attract a 50% contribution towards the total eligible costs from the Welsh Government.
The payment will be made in arrears, subject to the provision of the necessary evidence that:
- Confirms full course attendance and/or completion
- Training providers have been paid for the training attended
Is My Business Eligible for Flexible Skills Funding?
To access flexible skills funding, your business must meet the following criteria:
- Must be based in Wales
- Must be solvent
- Must commit to releasing staff to undertake the requested training within the allowed timeframe
- Training must advance individuals’ learning in at least one of the funded areas
- Training must improve business capability or capacity
It is important to note that funding awards are discretionary, with final eligibility decisions made by the Welsh Government.
What training courses are available through TSW?
The training courses available under the flexible skills funding offer include:
- Lean awareness training
- Management development training
- Leadership development training
- Health and safety training
- Net Zero training
- Quality Management training
There are plenty of options available to help fill skills gaps within your team. Contact us today to discuss your training and funding needs.
How TSW Training Can Help
With 60 years of experience in the industry, we’re adept at supporting funding applications to ensure your full entitlement and ensure you are getting the training you really need. Here’s how we will support you:
- Identify organisational training needs through our diagnostic process
- Identify courses and qualifications that would be relevant under the Flexible Skills training fund
- Helping you to develop a structured training plan, with a schedule of training to meet your training needs and budgets
- Provide all supporting information for your wider business application, including course content, prices, and learning objectives
- Advise you on the successful completion of the necessary application paperwork
- Working closely with you to schedule training around your organisational needs
Our Flexible Skills Experience
Local businesses have relied on TSW for decades; we support them in accessing funding, removing barriers to workforce development, and allowing participants to expand their horizons.
“Welsh businesses should definitely take advantage of this flexible skills opportunity. Now is the perfect time to upskill your team and fill any skills gaps you’ve uncovered within your workforce. Flexible skills funding aims to support significant employer-led projects that drive business expansion and investment that leads to high quality job creation”
Gareth Harris, Director of Corporate Relations.
The financial support available from the Welsh Government can help support your team’s continuing professional development, teach them new skills, and increase their job opportunities within their industry.
A success story in Treherbet: Everest Case Study
When Everest Windows in Treherbet, South Wales, was brought out of administration during the COVID-19 pandemic, it was clear that something had to change to keep the business afloat.
Using the 50% funding opportunity, Plant Manager Jim Collins worked with us to proceed with the application process. They implemented training that would help the team to work in a more streamlined manner.
The training included upskilling employees in management development, leadership, and lean manufacturing principles. This resulted in a highly engaged workforce that could work together effectively.
“Straightaway, we saw 66% productivity improvement,” Collins said. “That was an expectation of £280,000 a week…going to over £400,000. Better flow and a more engaged workforce.”
Based on the benefits the business has experienced, Everest Windows is collaborating with TSW Training on future programmes to develop staff further and enhance company revenue.
Flexible Skills Funding is Now Available
Welsh companies that wish to utilise the flexible skills funding pot should contact us to discuss options for their learning programmes.
The team can guide you through the application process and provide the necessary training to meet your business needs.