Which type of training funding is right for you?
There are a variety of training schemes and funding available for employers looking to upskill their staff. Often, these programmes and schemes are fully-funded by the government.
The right type of funding will depend on your needs and whether you meet the expected criteria.
Take a look at the various schemes below, or get in touch with us today and we’ll help you find the right option for you.
PLA Funding
Who’s it for? – Learners in Wales who are looking to progress in their industry, or change careers entirely.
What’s it for? – To help you learn while you earn, so you’re not out of pocket.
Funding Requirements – You must live in Wales and be over 19 years old when your course starts.
Plus, you also have to meet at least one of these:
- You’re earning under £29,534 annually
- You work for an agency
- You’re at risk of being made redundant
- You work on a zero-hours contract
- You’re a full time carer (paid or unpaid)
- You’re an offender on day release
50% Funding For Training Courses In Wales
Who’s it for? – This funding is for Welsh employers in the engineering or manufacturing sector.
What’s it for? – To train your employees in areas that bring increased revenue, productivity, and efficiency to their organisation.
Funding Requirements – You need to be based in Wales, and your staff will need to complete the training by March 2023.
Employer Funding for Apprenticeships in Wales
Who’s it for? – Organisations of any size in Wales are welcome and eligible for the work-based learning programmes.
What’s it for? – They are a vehicle to inspire and nurture fresh talent and direct and influence the professional path of higher-level workers.
Funding Requirements – Your apprentices must be 16 and over and you must plan to pay them minimum wage. They must work at least 16 hours per week, and spend 51% or more of their time in Wales. All apprentices must follow the Welsh apprenticeship framework.