Small business key to boosting apprenticeships and jobs in capital, says Mayor | LSEO
The Mayor of London, Boris Johnson has called for more small and medium sized businesses in the capital to create apprenticeships and help drive London out of recession, the Greater London Authority (GLA) reports.
To help small firms to take on an apprentice, the Mayor has secured £6m from the government to officer a cash incentive of £1,500 available from the National Apprenticeship Service. In addition, firms can receive up to 100 per cent funding towards their training costs.
In London, small and medium sized companies are already responsible for the majority of the 63,700 opportunities that have been created since 2010. The Mayor has set a target to deliver 100,000 apprenticeships by the end of this year.
The Mayor’s campaign is particularly focused on companies in sectors not traditionally linked to apprenticeships and big business is also playing its part, with employers ranging from the Football Association to music giant Sony and HSBC all signing up.
For more information, see the GLA website
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