The government does not allocate apprenticeships funding directly to employers. Employers in England who pay the apprenticeship levy can access funds for apprenticeship training via their apprenticeship service accounts. Employers that do not pay the levy can also now access apprenticeships through the service or through a training provider contracted by the Education and Skills Funding Agency to deliver apprenticeships until 31 March 2021, after which all employers will access funding via the service.
Many levy-paying employers operate in more than one location, and they can spend the funds in their accounts on apprenticeship training across England. We cannot, therefore, disaggregate levy drawdown to individual regions as to the proportion that has been spent on apprenticeship recruitment. Providers’ allocated funding to deliver apprenticeships may operate in multiple locations.
Employer demand for apprenticeships has meant that there have been 30,850 apprenticeship starts in the Coventry local authority since May 2010. The table attached provides annual apprenticeship starts in Coventry since the 2010/11 academic year.
Data as reported on the Individualised Learner Record, as published here: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/899753/201920-July_totals-since-may-2010-and-2015.xlsx
In the financial year 2020/21, funding available for investment in apprenticeships in England is almost £2.5 billion, double what was spent in financial year 2010/11. This funds the cost of apprenticeship training and assessment, any recruitment costs are incurred by the employer.
Apprenticeships will be more important than ever in helping businesses to recruit the right people and develop the skills they need to recover and grow. To help support employers to offer new apprenticeships, employers are now able to claim £2,000 for every new apprentice they hire under the age of 25, and £1,500 for those aged 25 and over until 31 January 2021. The new payment means it’s a great time for employers in Coventry to offer new apprenticeship opportunities.
114211_table (xls, 52.0KB)