Have you got in your application for a £1,000 Personal Development Grant yet?

If your organisation has between 5 and 249 staff, you may be eligible for a grant of £1,000 to spend on leadership & management training, coaching or mentoring.

This is a great opportunity to up-skill – both for you and your staff:

* Are your business skills and knowledge up to date (or are you still relying on skills you learned on a course 10 years ago)?
* Who in your business could improve their management style?
* Are the members of the senior management team ready to inspire and lead staff through changes?
* Are you being as strategic as you could be?
* Do you throw new managers in at the deep end without any training on how to get the best out of their people?
* Are you holding your business back by not delegating? You know: “If you want something done right, you need to do it yourself”.

SME Academy can explain how the grant works, show you the options available to you and help you to apply for the funding with the help of a Leadership & Management Skills Adviser.

The grant is government funded through the Skills Funding Agency.

How much is available?

You may be eligible for a grant of up to £1,000.

The way it works is that the first £500 is a straight-forward grant and then a further grant of up to £500 is available on a match funded basis, i.e. you put in £500 and it’s matched with a grant of £500.

Most people like to take the maximum amount available and get £1,500 worth of training/development for an investment of £500 – the company pays £500 and you can get a grant of £1,000.

When does the grant end?

You need to have had a meeting with a Leadership & Management Skills Adviser and confirmed your Personal Development Plan before the end of December 2010.  You then only have until 15th March 2011 to submit your paperwork and claim your grant.

(c) SME Academy

~ we found this information via the fabulous SME Academy, so please do pop over to find out the full story: http://www.smeacademy.co.uk/grants-funding/train-to-gain-grants-funding/grants-end-soo/

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