How do I apply for Skills Bank?
If you know which training and Skills Provider you want to use, you can apply online.
Give us a call or email
If you would like advice on the best course for you or aren’t sure whether Skills Bank is right for your business, you can speak to the Growth Hub Gateway who can offer you advice and support you with your application:
Call: 03330 00 00 39
You will need to consider and be in a position to demonstrate the following:
A) The company has clear growth/development plans which involve upskilling the workforce.
B) The projected company turnover over the following five-year period is clearly expressed.
C) The factors which are creating the projected growth are clearly communicated.
D) The actions being taken to ensure growth takes place are clearly communicated and the proposed training directly supports the growth.
E) The company has considered the business benefit of the training and the return on investment.
F) The company has considered their broader contribution to the South Yorkshire region.
Application approval and the level of funding awarded is informed by a number of factors. Additional credits may be awarded where the responses demonstrate your business materially contributes / or plans to contribute towards the following Social Values:
- South Yorkshire Economy
- Inclusive Employer Practice
- Corporate Social Responsibility
- Environmental Sustainability
The Skills Bank application has been designed to focus on those areas of information that businesses may already be taking account of themselves making the process as natural as possible.
What is Social Value?
Social value is the quantification of the relative importance that people place on the changes they experience in their lives. Some, but not all of this value is captured in market prices. It is important to consider and measure this social value from the perspective of those affected by an organisation’s work.
Inclusive growth places business development and growth at the heart of the South Yorkshire economy, by encouraging businesses to consider how they include local communities and environmental factors within business growth.
The application includes prompts throughout to help.
If you aren’t sure whether training can help your business to grow or would like advice on the type of training you need, get in touch with the Growth Hub, or request a call back here.