Growing Places Fund

Meeting: 
MQT on 2013-11-20
Session date: 
November 20, 2013
Reference: 
2013/4381
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

From the £110 million of funding from the Growing Places Fund allocated by the London Enterprise Panel, £2.5 million has been allocated to support an increase in the number of employers offering apprenticeships in London.  Can you outline exactly what this support entails and detail any breakdown in funds?

Answer

Answer for Growing Places Fund

Answer for Growing Places Fund

Answered By: 
The Mayor

The LEP/GLA allocated £1.5m from the Growing Places Fund to support 1,000 apprenticeships starts with an SME who has not employed an apprentice. The funding which launched in June doubles the national SME incentive of £1,500 to £3,000.  The LEP/GLA has also allocated an additional £1m for a marketing campaign to boost the number of businesses taking on an apprentice.