Economy Minister Ken Skates has announced that businesses in Wales will be able to claim up to £3,000 for each new apprentice they hire under the age of 25.
The £3,000 incentive, aimed at helping Wales to recover from impact of Covid-19, will be available to businesses that are employing a young apprentice for at least 30 hours per week.
Welsh businesses could also receive £1,500 for each new under 25 year old apprentice they employ for less than 30 hours a week.
For workers aged 25 and over, businesses can access £2,000 for each new apprentice they hire on a 30 hour or more contract, and a £1,000 incentive for apprentices working less than 30 hours.
Payments will be restricted to ten learners per business.
Today’s announcement is part of the Welsh Government’s £40m proactive jobs and skills package to support businesses and workers in recovering from the economic impacts of coronavirus.
It will also be important in responding to the effects of the 海角视频 leaving the EU.
Economy minister Ken Skates said: “Coronavirus and the impending threat of the 海角视频 leaving the European Union without a deal have placed incredible pressures and challenges on our economy, our companies and the livelihoods of our people.
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"I made a firm commitment to support our businesses and workers through these incredibly difficult times and today’s announcement is clear proof of that.
“Apprentices make a huge contribution to our employers and give people a crucial opportunity to learn new skills, gain valuable experience and enhance their knowledge.
"Our incentives will be important in helping Welsh businesses give an apprentice an opportunity to shine.”
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