A £6.4m government fund supporting SMEs by match-funding AI skills training for their employees is now open to applications.
The scheme is funded through the £37.5m Labour Market Evaluations and Pilots Fund, announced by the Chancellor in the 2023 spring Budget to “continue to build the evidence base on the effectiveness of policies to improve labour market outcomes”.
Eligible businesses can apply for funding for up to 50% of the cost of training to help employees develop their AI skillset and understanding with a view to using the technology in their role. The deadline to apply is 31 May.
The funding competition is open to UK-based SMEs which have been operating for at least one year and operate in the professional and business services sector.
This article was first published by Gov.UK at the following URL: Flexible AI Upskilling Fund pilot: open for applications – GOV.UK (www.gov.uk)
