Apprenticeship Incentivisation Scheme

Topics: Apprenticeships

Sources: SOLAS

Share this post

Apprenticeship Incentivisation Scheme

The July Jobs Stimulus package recently announced by Government included provision for the introduction of a new Apprenticeship Incentivisation Scheme for employers of apprentices. This development underlines the Government‘s commitment to the value of apprenticeships and their continued expansion, while acknowledging the real financial difficulties faced by employers in these challenging times.

SOLAS, as the statutory agency overseeing the apprenticeship system, has been charged with responsibility for developing, delivering and administering this new scheme. We are delighted to provide further details on how to access the scheme below.

What is the Apprenticeship Incentivisation Scheme?

The Apprenticeship Incentivisation Scheme provides financial support for apprenticeship employers who take on apprentices on all national apprenticeship programmes.

The incentive support covers all national apprenticeship programmes - 58 programmes as of August 2020 - and will apply to any new apprenticeship programmes which are launched in 2020.

Apprenticeship employers are eligible for a €3,000 payment for each new apprentice who is registered between the period 01 March and 31 December 2020. €2,000 per apprentice is payable at the point of registration. A further €1,000 is payable in Quarter 3 2021 for each eligible apprentice retained on their apprenticeship.

Click here for more information ...