Whether you want to upskill existing staff or bring in new talent, apprenticeships offer a cost-effective solution. Current funding incentives make it an ideal time to invest in skills and workforce development.
Current incentives include:
Our dedicated Business Development, Talent & Skills team is here to help you get started, access funding and find the right apprentice for your business. We handle the claims process on your behalf wherever we can, so the funding reaches you with minimum admin.
Ready. Skilled. Funded. is our commitment to helping you access the right people, the right training and the right funding to grow your business.
Read more about the incentives and enquire below…
Develop future
talent pipelines
Address skills
shortages
Increase staff
retention and
productivity
Upskill existing
employees
Support business
growth
Access funded
training
| Incentive | Eligibility Criteria | How and When It’s Paid | |
 | £1,000 Additional payment for hiring eligible apprentices | Aged 16-18 (or 19-24 with an EHCP or care leaver status) | Paid in two equal instalments: • Day 90 • One year after apprenticeship started (or Day 242 if apprenticeship is under 12 months) Paid in three equal instalment |
 | £2,000 Foundation Apprenticeship Incentive | Aged 16-21 (or 22-24 for apprentices with an EHCP, care leavers, or prisoners) | Paid in three equal instalments: • Day 90 • Day 242 (8 months) • When apprentice progresses onto their next apprenticeship |
 | £2000 SME Hiring Incentive | Aged 16-24 Starts from 1st October 2026 Employed for no more than 90 days prior to start date | Paid in two equal instalments: • Day 90 • Day 365 (or 242 if apprenticeship is under 12 months) |
 | 0% Employer National Insurance | Aged Under 25 Earning below the upper earnings limit, a straight forward saving on wages | It’s a government-backed incentive that reduces employment costs from day one, while supporting skills development in your business |
Funded incentives are available for employers to recruit apprentices through South Devon College, whether you want to upskill existing staff or bring in new talent - now is the right time to invest in apprenticeships.
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A space designed for you. At the heart of the new offer is the Sixth Form Hub, a dedicated student space, with laptops provided to support your learning.
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Flexible, employer-led training designed to help you gain in-demand skills and secure better job opportunities.
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