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Employer ownership funding to improve engineering skills in smaller companies available
23rd December 2014

The department for Business, innovation and skills has published guidance for small to medium sized companies that employ people in engineering occupations and who wish to apply for support to the Employer Ownership Fund (EoF).

This offer is open to any small or medium sized company which directly employs people in engineering occupations. Its aim is to help companies grow and become more productive through investing in the skills of its current and future engineers.


Government will contribute 50% of eligible costs to firms who have projects to provide extra training to employees to support:

  • Career Progression - enabling those currently in engineering occupations to move forward in their careers
  • Conversion training allowing people to transfer from other occupations into engineering to fill skills gaps and to increase your stock of engineers

The type of training to achieve this depends on what best meets your needs. But the training must lead to skills that are portable and can be used in other companies and occupations (transferable skills).

For full details click here.

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