Semta takes every opportunity to secure funding that supports employers' investment in priority skill areas. Funding can differ across the UK, so please also check what support is available in the four nations too.
Please click on the linked titles below to find out where we can help you and contact us if you need help.
Semta is working with leading companies who bid for a share of a £340 million pot, designed to allow sector employers to create the training schemes they need to grow their companies. Bid results will be announced in the summer.
Semta has won several bids into the UK Commission for Employment and Skills to kick start sustainable skills improvements in the strategically vital science, engineering and manufacturing sectors. We are focussing on supply chain companies and on helping SMEs to improve their existing workforce skills and in developing new talent through the recruitment of apprentices and graduates.
Funding is available to help train apprentices or as incentives to hiring. We can help you determine if your company is eligible.
The Advanced Manufacturing Supply Chain Initiative is a funding competition designed to improve the global competitiveness of UK advanced manufacturing supply chains. Additional funding of £120M for a further 2 rounds of the Advanced Manufacturing Supply Chain Initiative (AMSCI) was announced in the 2012 Autumn Statement. This will support Research and Development, skills training and capital investment to help UK supply chains achieve world-class standards and encourage major new suppliers to locate in the UK.
The Royal Academy of Engineering supports the training and development of engineers in UK industry through this annual scheme which makes company awards of up to £10,000 each. Over the last 10 years more than 1,200 companies spread across the UK have received funding for training programmes involving some 20,000 engineers. This year the Academy will be awarding up to £300,000 through this scheme.
The Iron & Steel Industry Training (West Midlands) Trust, in conjunction with Semta, is offering grants of up to £2,500 to metals companies in the West Midlands Region, for training that supports the strategic development of the business.
Grants will be made available, in particular, to support training in the following areas:-
- Management / Leadership development
- Health, safety & environmental training (e.g. NEBOSH)
- Specific technical skills (e.g. CNC Training)
- Productivity skills (e.g. lean tools and techniques)
Training can be defined as any activity that improves the skills and knowledge of employees relevant to business needs, for example: courses, work-based qualifications, or open or distance learning, coaching and mentoring.