Sources Of Funding For Training
Small Firms Training Loans
Up To 50 Employees
Small Firms Training Loans from £500 to £125,000 are available for businesses employing no more than 50 people. These are interest free for up to 12 months and repayable over a period of up to seven years.
The loan would cover up to 90 per cent of training consultancy costs which can include course fees, books and materials, hiring of temporary staff to cover jobs, hiring trainers and accommodation.
Up To 250 Employees
45 Business Link offices across England provide business advice for companies with up to 250 employees and assist with accessing Workforce Development Funds.
Single Regeneration Budgets
Businesses in areas of economic regeneration can attract Single Regeneration Budgets. Information can usually be accessed through Regional Development Agencies or our local government office.