Training provider urges firms to act on apprenticeship funding

Nine Dots Development, which delivers apprenticeship training to big name firms across the UK, is urging firms to act now or risk missing out on the possibility of apprenticeships funding.

Government reforms taking effect this year mean many firms could miss out.

Jordan Burke, co-founder of Nine Dots, believes many businesses are not aware of the looming changes.

New Government rules halving the Levy spending timeframe from two years to one mean many may miss out on large sums of training money, which will go back to the Treasury if not spent.

Jordan said: “It is very clear that the profound implications of new government rules around the Growth and Skills Levy, formerly the Apprenticeships Levy, have not been fully understood by many companies across the UK.

“Reforms coming into effect this year mean businesses should really focus on spending the money that they have paid into the funds and get apprentices trained up as soon as possible.

“If they don’t, millions will be returned to the Treasury and they will miss out on potentially valuable training opportunities.

“Not just that, young people who would really benefit from apprenticeship training will miss their chance too.

“That seems a huge shame when so much has been done to boost the value and opportunities provided by apprenticeships in the UK.”