CITB’s Skills and Training Fund is an opportunity for businesses to train/upskill their workforce. By offering funding in advance of training, businesses can access training programs tailored to their specific needs.
Please note:
- Up to two applications per year: Businesses can apply twice in a 12-month period but can only have one active project at a time, so you’ll need to manage your applications accordingly.
- Levy return: Your business must be up to date with its Levy Return to be eligible for the funding.
Funding Bands:
Small and Micro Sized Employers
- Employers with CIS only (no PAYE) can receive up to £2,500
- Employers with 1 to 49 directly-employed staff can receive up to £5,000
- Employers with 50 to 74 directly-employed staff can receive up to £7,500
- Employers with 75 to 99 directly-employed staff can receive up to £10,000
Medium Sized Employers
- Employers with between 100 and 149 directly employed staff can receive up to £15,000
- Employers with between 150 and 199 directly employed staff can receive up to £20,000
- Employers with between 200 and 250 directly employed staff can receive up to £25,000
If you would like to find out more, please get in touch with marieflinter@thefis.org