FAQs - Webinar for the Flexible AI Upskilling Fund Pilot 01.05.docx
In your application, you will be asked to outline what training course you will use to upskill your employees as funding can only be spent on eligible training. We intend to allow a wide range of training, courses, and certifications to be eligible. To be eligible, the activity must meet all the following criteria:
Applicants can apply for a maximum amount of funding depending on the size of their business, set out in the table below. The aim of the scheme is to subsidize the cost of AI skills training up to a ratio of 1:1. For example, a small-sized business can apply for up to £5,000 of grant funding to pay for 50% of AI skills training which costs £10,000. If the training cost £8,000, the applicant could only apply for £4,000 of grant funding.
| Business type | Headcount | Turnover or balance sheet total | Funding available (per applicant) | | --- | --- | --- | --- | | Micro | 1-9 | less than or equal to €2 million or €2 million | £2,500 | | Small | 10-49 | less than or equal to €10 million or €10 million | £5,000 | | Medium sized | 50-249 | less than or equal to €50 million or €43 million | £10,000 |
We understand that SMEs are often best placed to understand their own training needs and there is a wide variety of training that sits outside the traditional government provision, which we want to help access. SMEs are able to choose their own training provider, as long as it meets our criteria. (See ‘What training is eligible?’)
We have published guidance to help you understand both your AI skills needs and to help you find suitable training. See: https://www.turing.ac.uk/skills/collaborate/ai-skills-business-framework for guidance on understanding your AI skills needs; and Annex C in the application guide for help choosing the right training provider: https://www.gov.uk/government/publications/flexible-ai-upskilling-fund
This is still being decided, with refinements to the exact methodology of the programme to be confirmed once all applications are received and assessed. The decision regarding progression with an RCT will be taken in June, with all who have applied being informed both of the success of their application and whether it was selected for the RCT.
How can I verify if my organisation, location and size is eligible?
An eligible business must meet all of the following criteria: