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Leadership and Management Development Funding for NW Businesses

£7,000 on offer for NW Businesses…

There are significant amounts of funding available for businesses based in the NW of England at the moment to support the development of Leadership and Management skills, with firms able to access up to £7,000. This funding can be used to address a variety of areas, all of which will enhance the performance of key people within the business and therefore deliver real, bottom line benefits.

The funding is simple to access, via a process that is both efficient and beneficial in itself. Firms are able to meet with a Skills specialist who will talk through the different funding routes that are available, and also take the business through a skills diagnostic exercise which will identify who in the organisation can benefit from development and in which areas.

The funding is awarded on the basis of £1,000 per manager, up to a maximum of 7 managers, for any business employing between 5 and 249 people. For firms employing 250 – 999 people, the funding is £1,000 per manager for up to 6 managers. Each manager can access an initial £500, with a further £500 available on a matched, £1 for £1, basis where the company co-funds the training. Therefore if one manager undertook training with a value of £1,500, they would be able to claim back £1,000 of this.

The funding can be used to access traditional ‘classroom based’ training, coaching/mentoring support and e-learning.

If you would like more information on the funding, please contact Rebecca Charnley on 0161 237 3553 or rc@upwebsite.com

Frequently Asked Questions:

Who is the funding coming from?

The funding is provided jointly by The Learning Skills Council, via Train to Gain, and the North West Development Agency

What type of areas can I access funding for?

Any areas that can be classed as Leadership and Management skills, these can be ‘core’ areas such as appraisal skills, recruitment and selection skills, communication skills etc, or more strategic areas such as ‘Creating a Business Strategy’ or ‘Change Management’.

 When will the funding run out?

The funding is scheduled to be available until 2012

Can I access funding for different training in different topics?

Yes, as long as they are Leadership and Management skills topics

Can we get training completely free of charge using this funding?

Only to a limited extent. Once a manager has accessed and used the initial £500, the rest of their £1,000 is offered on a match, £1 for £1 basis. The first manager must access their complete £1,000 of funding before a second manager can access any funding.

Who qualifies as a ‘Manager’ in a business?

Anyone who has a significant impact on the performance of the overall business.

We employ 140 people and have more than 7 Managers, can they all receive training or just 7?

We are able to offer programmes and courses on a ‘pay for time’ rather than ‘pay per delegate’ basis, meaning that you are not limited to just 7 managers receiving training and can potentially have additional managers receiving the training at no extra cost

Can our Directors receive funding or is it just Managers?

The funding can be used to support development of anyone who has a significant influence on the performance of the business, so Directors would normally qualify.

How is the funding paid?

Payments are made once the client has a receipted invoice from the training provider, therefore the full amount is paid to the provider and then the funded element can be reclaimed.