A scheme set up to fund apprenticeship training for small businesses in the West Midlands has surpassed the £40 million milestone.
The figure has helped more than 3,000 people across the region take their first steps onto the career ladder and enabled local businesses to pay a better apprenticeship wage to attract staff.
Launched in 2019 by the West Midlands Combined Authority, The Apprenticeship Levy Transfer Fund allows companies to cover 100 per cent of the training cost of apprentices for SMEs by donating their unspent levy to the authority rather than seeing it returned to the Government.