MP highlights local entrepreneurial spirit and Government initiatives

John Baron MP has welcomed recent figures showing a 50 per cent increase in the number of people starting an apprenticeship in Basildon and Billericay last year. He has congratulated local businesses and highlighted the Government’s unprecedented funding for new apprenticeships. In addition, the Prime Minister has announced that from 7^th February 2012:

• Businesses and training providers can bid for a share of £6 million from the Higher Apprenticeship Fund, which will support the development of thousands of new Higher Apprenticeships in sectors including aerospace, energy and renewable technologies.
• Small and medium-sized businesses without any apprentices who hire one aged 16-24 are eligible for a £1,500 bonus, with up to 40,000 payments available.
• Businesses can bid for a share of a £250 million fund to boost skills in their workplace, giving employers rather than training providers direct access to funding for training.

John said:

“Apprenticeships allow people to earn and learn at the same time, while significantly increasing their potential future earnings. But the benefits go wider than that – every £1 spent on an apprenticeship returns an estimated benefit of £18 to the economy.

“That’s why it is such great news that 220 more people in Basildon and Billericay started apprenticeships last year – a 50 per cent increase on the previous year. This is thanks to local businesses and the Coalition’s extra investment.

“I would urge people of all ages to consider becoming an apprentice and seize the opportunities that exist locally.”