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Ninety-Five Percent of Small Businesses Missing Out According to Latest Smart Assessor Survey - Smart Assessor reveals that small businesses could miss out because they are unaware of the new £1500 Government incentive to encourage them to take on a young apprentice for the first time - SmartAssessor.com
Ninety-Five Percent of Small Businesses Missing Out According to Latest Smart Assessor Survey

 

NewswireToday - /newswire/ - Rugby, Warks, United Kingdom, 2012/01/06 - Smart Assessor reveals that small businesses could miss out because they are unaware of the new £1500 Government incentive to encourage them to take on a young apprentice for the first time - SmartAssessor.com.

   
 
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An award winning entrepreneur, Fiona Hudson-Kelly, said “Small Businesses need talented staff to help them survive these challenging economic conditions and young technology savvy apprentices are a breath of fresh air for fatigued company owners”.

Vince Cable was speaking alongside Skills Minister John Hayes at a summit for business leaders in London, stating that the government would slash the red tape that can deter hard pressed firms from recruiting apprentices, and provide a financial incentive of up to £1,500 to help the smallest firms recruit their first young apprentices.

To encourage thousands of small firms that don’t currently hire apprentices to take on a young apprentice aged 16 to 24, the Government will offer employers with up to 50 employees an incentive payment of up to £1,500. This will support up to 20,000 new apprenticeships in 2012/13. An initial payment will be made two months after the individual has started their apprenticeship; the balance will be paid after the apprenticeship has been completed and the trainee has progressed into sustainable employment.

Fiona Hudson-Kelly is fully behind this new incentive but feels that more needs to be done to communicate this great incentive from the Government to the small business community. Smart Assessor, a small entrepreneurial company founded by Fiona in 2010, surveyed over 100 small businesses to find out if they were aware of this £1500 Grant and were shocked to discover that 95% knew nothing about this incentive to take on a first time young apprentice.

Smart Assessor develops e-portfolio software for training providers and colleges who manage the Government’s apprenticeship programme. More information on Smart Assessor can be found on their website smartassessor.com/.

Fiona Hudson-Kelly is an award winning entrepreneur founded Smart Assessor in 2010 and has over 20 years experience of starting and growing small entrepreneurial start up businesses.

Further information on the £1500 Government initiative can be found on the Department for Business, Innovation & Skills website bis.gov.uk/news

 
 
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Ninety-Five Percent of Small Businesses Missing Out According to Latest Smart Assessor Survey

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