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<p>We are committed to supporting small and medium-sized employers to take on apprentices.
We know that nearly 95% of current employers with apprentices are small or medium-sized
and that around 60% of all apprentices are employed by small and medium-sized employers
<a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/555052/Size_and_Industry_of_Businesses_with_Apprentices_Final_Pdf.pdf"
target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/555052/Size_and_Industry_of_Businesses_with_Apprentices_Final_Pdf.pdf</a>).
<br> <br> Under new funding policy from May 2017, smaller employers that don't pay
the apprenticeship levy will pay a co-investment rate of only 10% towards the costs
of apprenticeship training. We are waiving this co-investment requirement for employers
with fewer than 50 employees, when they recruit a 16-18 year old or a 19-24 year old
formerly in care or with an Education and Health Care plan</p><p><br> As part of the
development of funding policy we have considered the potential impact that requiring
co-investment will have on starts at small and medium-sized employers. This may cause
a small initial fall in demand until employers adapt to the new system. By making
sure smaller employers understand the benefits of apprenticeships; that the process
of accessing them is simple and easy; and additional financial support is available
for younger apprentices or those with additional needs, we believe that small and
medium sized employers can and will continue to play a critical role in growing apprenticeship
opportunities.</p>
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