Government Grants – Apprenticeship Programs
Federal Government as well as many Australian state governments are providing grants and subsidies for various kinds of Apprenticeship Programs. Most of these grants are offered on an ongoing basis while others are time-sensitive. In this section, we will have a look at some of these grants and their eligibility criteria.
One of grants offered by a state government comes in the form of fully subsidised training for apprentices and trainees up to the age of 21 across 139 apprenticeship and traineeship qualifications. It is aimed at covering the training costs for employers that employ a new apprentice or trainee, or already have an existing apprentice or trainee aged under 21. This program is open on an ongoing basis.
- Apprenticeship and traineeship qualifications for traditional trade areas such as electrical, plumbing and engineering as well as non-trade areas including early childhood, aged and disability care.
- Businesses should be operating in the sate offering the grant
One Federal Government grant on offer is intended towards businesses that benefit from employing skilled migrants whilst also equipping Australians with the skills they need. The grant mainly aims to develop Vocational Education and Training (VET) sector and the number of apprenticeships and traineeships being offered by businesses. Under this grant, a funding of $1.5 billion is available for claims lodged between 1 July 2017 to 30 June 2022.
To be eligible, businesses must be offering apprenticeship and traineeship in occupations in demand such as but not limited to:
- Health, ageing, community and social services
- Building and construction
- Digital technologies
Another program offered by the State government aims at increasing the number of apprentices and trainees by 40% before 2025. The goal of this program is to strengthen the workforce in the state, identify existing industry barriers and support collaborative relationships. Businesses can claim up to $20,000 per apprentice, and the maximum claim allowed is $200,000. This program is available annually.
Who are eligible?
- Community service organisations
- Registered Training Organisations (RTO)
- Group Training Organisations (GTO)
- Apprenticeship Network Providers (ANP)
One of the Federal government funded grant aims at increasing the number of pre-apprenticeships, pre-traineeships, Australian Apprenticeships and higher apprenticeships in innovative projects. The program offers a flexible approach to project funding, provided that projects deliver innovative initiatives with a connection to Australian Apprenticeships for now, and also for the future. Under this grant, organisations can claim up to $300,000. The total funding pool available for a fiscal year is $2 million.
Eligible applicants include:
- Industry associations
- Group Training Organisations (GTOs)
- Registered Training Organisations (RTOs)
Above mentioned grants are only some of the many incentives that the Australian state and federal government provide for businesses aiming to employ apprentices and trainees. To know more about such grants please speak to one of our advisors today.