The Flexible Workforce Development Fund (FWDF) helps businesses continue to invest in their workforce and is available for all of Scotland ‘s employers who are subject to the UK Government’s Apprenticeship Levy. For the first time, the fund will now be available for both levy payers and SMEs, across the private, public and third sectors.
The FWDF was doubled to £20m for 2020/21, with £13 million made available through the first phase to allow colleges to provide additional support for levy paying employers.
Eligible employers can use the FWDF to address priority skills gaps in their organisation by accessing up to £15,000 in funding to create tailored training programmes with their local college.
SMEs will be able to access up to £5,000 of college and Open University training.
The fund is flexible and allows employers to choose the training that will bring the greatest benefits to their organisation, while motivating and engaging their employees. The fund can be used to completely cover training or to partially cover training at a higher cost
Colleges should work with UK Apprenticeship Levy-paying employers in their region to identify the training they require that will help make a demonstrable return on investment. The analysis should form the basis of the employer’s application, and colleges should work with employers to support the application process.
Levy-payers can now also source training through private providers administered by Skills Development Scotland.
More info from the Scottish Government: https://findbusinesssupport.gov.scot/service/funding/flexible-workforce-development-fund