Up to £3,500 funding available for East Durham apprenticeships

May 12, 2016 | Business

A new grant is allowing an East Durham training provider to offer businesses funding of up to £3,500 when they take on an apprentice.

Caterpillar, ZF TRW and NSK Peterlee are among the area’s top firms who continuously develop their workforce via apprenticeship programmes.

Recent statistics from the National Apprenticeship Service’s ‘Employer Guide to Apprenticeships’ revealed that 96% of apprentice employers say they are beneficial to their business and can increase a company’s productivity by £214 per week.

Heather Hinchliffe from Peterlee-based Aspire Academy said: “Not only do apprenticeships offer young people the chance to kick-start a fulfilling career, there are a wealth of benefits for the businesses that take them on.

“Offering young people apprenticeships gives businesses the chance to play an active role in moulding their future workforce and creating the future skills that they need to help their businesses grow. By making the commitment to offer apprenticeships, you also build up strong employee loyalty; and by investing in apprentices’ careers you increase the chances of up-skilling, and more importantly, maintaining highly skilled staff.”

Pictured: Courtney Million, an apprentice at LEC Consultancy whose apprenticeship is managed by Aspire Academy.