The London Progression Collaboration are calling on London’s large employers to pledge unspent apprenticeship levy funds to Reskilling the Recovery, to support the recovery of SMEs from the COVID-19 crisis.
All businesses across the capital have been affected by COVID-19, with SMEs amongst the worst hit by the crisis. SMEs are a vital part of London’s business ecosystem, so ensuring they can access the skills and training they need to support their recovery is vital. By pledging unspent apprenticeship levy funds to Reskilling the Recovery, large businesses can cover the costs of apprenticeship training for SMEs, enabling them to take on and train new staff or up skill existing team members for the challenge ahead.
Reskilling the Recovery provides the chance for London businesses to help support each other through this crisis as London’s economy recovers. With all businesses keeping a careful watch on their bottom line, the campaign is not asking for cash, but rather for businesses to pledge some of their unspent apprenticeship levy to support SMEs.
It’s also an opportunity for large businesses to support the creation of apprenticeship opportunities for Londoners, to demonstrate corporate and social responsibility, and to reduce wastage of their unspent apprenticeship levy – all of which send a powerful message to customers and investors.
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