Nuneaton and Bedworth SMEs can access the Skills Escalator

Business in Nuneaton and Bedworth can upskill and retrain their employees with support from a new funding stream.

The Skills Escalator Fund, delivered by Warwickshire County Council in partnership with Nuneaton & Bedworth Borough Council, is offering grants of £750 per person to enable employers to train, upskill and retrain staff members. Each employer can apply for grants for up to five employees from the scheme which is powered by the UK Shared Prosperity Fund,  

The programme is designed to help small and micro businesses invest time and effort in improving their employees’ skill-sets to the benefit of all. The employees continue to build career paths, encouraging career progression and maximise their earning potential, while the gaps created by their elevation offer opportunities to others coming through.   

Vicki Haslam, Senior Business Skills Advisor at Warwickshire Skills Hub, said: “The Skills Escalator Fund is a very welcome addition to the skills support available to SMEs in Nuneaton and Bedworth. It fills a gap which has existed for more than a year since the end of the ESF funding and I would urge all small businesses in the towns to consider whether they could benefit from it.”

For more information or to apply for the find, please contact skillshub@warwickshire.gov.uk