Transfer of Apprenticeship Levy funds
Apply for Apprenticeship Levy transfer
The Apprenticeship Levy is already giving employers like us a real opportunity to invest in high-quality training, helping to grow our business and develop the skilled workforce we need to thrive and succeed. Government reforms have now given us the opportunity to work in partnership with other employers, supporting them in recruiting new apprentices and to develop the skills of existing employees.
As a levy-paying employer with an ambitious apprentice strategy, we can now transfer up to 25% of our annual Apprenticeship Levy funds to other employers, helping to increase the number of high-quality apprenticeships across the county.
Who can apply to receive transferred funds?
We're able to transfer levy funds to other employers for apprenticeships for either new recruits or existing employees wanting to develop their skills by undertaking an apprenticeship. We're not able to transfer funds for apprenticeships which have already started.
To express an interest and submit your application for consideration in the transfer of Apprenticeship Levy funding you must be:
- A small to medium enterprise/business
- Another organisation in Shropshire, i.e. public sector, health care organisation
- A voluntary, community or social enterprise sector organisation providing services to Shropshire residents
- Employers that have opportunities for 16-18 year olds but are unable to access funding via training providers
We're expecting a high level of demand for support and our transfer funds are limited. Therefore, in developing a process for determining who to support, priority will be given to applications that meet our priorities and target sectors detailed in the Apprenticeship Levy transfer policy. See new document attached.
How do I apply for the funds?
The transfer application process will be open on 1 April 2023. Detailed guidance can be found on transferring unused apprenticeship funds to other employers on the Gov.uk website. Please read this guidance before you apply for the funding.
To apply, please download the application form, complete and return to email@example.com. Someone will confirm receipt of your application form within 5 working days.
Application window for Apprenticeship Levy transfer applications 2023/24
Applications for Apprenticeship Levy transfer for 2023/24 will close on Sunday 24 December 2023.
Received applications will be reviewed within 4 weeks of receipt and subsequently, the outcome will be communicated to applicants.
On notification of a successful application, employers will then have 3 months to utilise the Levy Funds. Applications must be submitted to firstname.lastname@example.org.
If you have any more questions or would like further information, please email us at email@example.com or telephone 01743 258521.