The funding clock is ticking!

Significant funding to support employers of any size close in just in 29 days (31st March 2022)!

Aligned with Federal Government priorities to increase employment and upskill our workforce; eligible employees would receive 50% wage rebates for 12 months, with up to $28,000 per employee available!

Additional Federal and State incentives for training employees remain available, making this stimulus a literal game-changer for businesses that are able to capitalise on the offer.

What are the eligibility criteria?

The subsidy is available to employers of any size, industry or geographic location.

Your business may be eligible if:

• you engage an Australian Apprentice between 5 October 2020 and 31 March 2022
  
• your Australian Apprentice or trainee is undertaking a Certificate II or higher qualification and has a training contract that is formally approved by the state training authority.

Remember, an apprentice or trainee is the technical name given to any employee that is engaged in a vocational qualification whilst supported by their employer. In most instances, this arrangement does not affect the employment conditions or pay rates of employees!

Essentially, if you have employees that you would like to upskill in any way, this program could provide you with the incentive and capacity to do so.

What is available to you

I know for small businesses, the resource and financial costs of developing employees can present a significant barrier. Most employers generate excess cash to use across their business!

The following funding may be available to you PER EMPLOYEE:

1. BAC 50% Wage Subsidy (Up to $28,000) – Learn More
   
2. Tasmanian Payroll Tax Rebates (100% rebate per employee) – Learn More
   
3. Tasmanian Small Business Cash Grant ($2500-$5000 per employee) – Learn More
   
4. Skills Tasmania User Choice Subsidy (Course cost subsidies) – Learn More
   
5. Federal Apprenticeships Incentive Program ($1500 – $4750+ per employee) – Learn More

Eligibility criteria is determined by your local AASN (Australian Apprenticeship Support Network) provider. In Tasmania, two AASN providers are here to determine which employees, qualifications and funding would be available to you:

1. MEGT: 13 6348 | anpinfo@megt.com.au
   
2. MAS National: 1300 627 628 | MASExperienceGeneralRequests@masexperience.com.au

Remember, the clock is ticking, a quick email/call here could literally help you develop your workforce and generate tens of thousands of dollars for your business.

Don’t delay.