Co-investment age raised to 22 for SME’s

Full government funding from the 1st April 2024 for SME’s who recruit an apprentice up to the age of 22.

This means that companies no longer have to pay the 5% towards the cost of the apprenticeship if their learner is 19+.

As long as the company is an SME and has under 49 staff they will be eligible for this.

This is also advertised on FE Week if you require further information.