The National Apprenticeship Service will provide an AGE 16 to 24 grant to eligible employers, in respect of qualifying apprentices, with an individual value of £1,500. Employers can be paid five grants in total during the lifetime of the initiative.
As an employer you are eligible for the Apprenticeship Grant for Employers of 16 to 24-year-olds (AGE 16-24) if:
- You are a small to medium-sized (SME) businesses in England with 50 or fewer employees
- Your new apprentice is the first your business has hired or the first for 12 months or longer
- Your new apprentice is aged 16 to 24-years-old.