This specific funding scheme has been available for some time now, although often not utilised by employers possibly because it’s now widely known.
It can provide major benefits to your business and your people as it’s a very flexible means of funding for recognised courses, which can include classroom driven programmes or recognised NVQs. There is no release time required and the courses don’t have to be specifically business led. In fact, this funding stream is more about developing your people and their own skills, rather than their job required skills. For example, courses such as Wellbeing or Equality and Diversity are available through this funding scheme.