Lloyds Bank has been actively working in partnership with the Manufacturing Technology Centre (MTC) as part of its commitment to supporting the UK manufacturing industry.
The MTC is at the forefront of technological advancements. We have invested more than £36 million in training and facilities over recent years, and central to this is the Lloyds Bank Advanced Manufacturing Training Centre (AMTC).
Established in 2015 within Ansty Business Park, Coventry, the AMTC is a state-of-the-art training centre designed to create a new generation of engineers and technicians who will help the UK realise its potential in advanced manufacturing.
Now, as part of the newly launched MTC SME Support Service in partnership with Lloyds Bank, we are coming together to provide you and your business with access to the brand new SME Apprentice Support Service, which will help your organisation to successfully manage and fulfil your apprenticeship needs.
For eligible employers, our service includes funding assistance for the duration of the apprenticeship, and we may be able to offer additional salary support during your apprentice’s first year.
We are also giving your organisation FREE access to our cutting edge training courses to raise your awareness of new and disruptive technologies.
To find out more about the SME Support Service, complete the form below and a member of the team will be in contact.
SME Salary Support Scheme
MTC Training is delighted to share some of our Lloyds Bank sponsorship to help qualifying SMEs to recruit their next apprentice.
We are directly recruiting a limited number of apprentices who will begin their programme with us before transferring to an SME employer partner. Once transferred, we will provide salary support throughout their first year of training, de-risking the recruitment process.
To be eligible for this support, your organisation must be:
- An SME with less than 50 employees.
And one of the following:
- An existing Employer Partner of MTC Training or OAS that has not recruited an apprentice in the last 2 years.
- New to MTC Training or OAS (not an existing Employer Partner).
- A direct referral from Lloyds Bank.
SME Apprentice Support Service
MTC Training has used Lloyds Bank funding to develop a new turnkey solution that provides support and advice to SMEs about apprenticeships.
This service will:
- Help SMEs understand the complexities of apprenticeship funding and Levy Transfer support.
- Find and recruit your apprentices at either of our training centres.
- Provide a dedicated response service, both over the phone and online, to support SMEs with any additional apprenticeship queries.
To qualify for this service, organisations must be an SME as defined by the European commission. You must employ fewer than 250 people, and have an annual turnover of up to €50 million or a balance sheet total of no more than €43 million.
Lloyds Bank Levy Transfer
The Lloyds Bank Levy Transfer fund was set up in 2019 by Lloyds Bank, and helps SMEs to take on apprentices by covering the cost of apprenticeship training.
The bank has made 25% of its Apprenticeship Levy available to support the UK economy to grow, committing a total contribution of up to £3m over three years. Through the bank’s partnership with the AMTC, small businesses in the local area can access funding to enable the development of their existing workforces, as well as improving career opportunities for young people.
The Levy Transfer can be used to fund both our Level 3 and Level 4 apprenticeships, delivered from the either of our training centres.
Lloyds Bank Online Training Support
MTC Training's industry leading courses, made available to your business free of charge as part of our partnership with Lloyds Bank, will raise your awareness of new and disruptive technologies that are becoming more prominent across areas such as Additive Manufacturing, Robotics and Digital Manufacturing.
Find out more
Manufacturing Support Services
The MTC’s Manufacturing Support Services team works with manufacturers to help them embrace the latest technology and improve their productivity to maintain tomorrow’s growth
We recognise that businesses do not stand still in an ever-competitive environment. We offer a range of services to accelerate business performance with a dedicated team of experts. Our experienced team can directly assist manufacturers to improve quality, cost and delivery performance.
Dedicated to supporting SMEs, we provide Innovate UK REACH match-funding for eligible businesses that work with us.
We offer a broad range of services to help businesses to become more productive and innovative. We are also supporting businesses to overcome the challenges they are facing as a result of COVID-19, helping them to:
- Adopt digital tools to facilitate remote working and remain operationally functional
- Assess and strengthen their supply chains to enable them to become more resilient
- De-risk and accelerate the adoption of Automation & Robotics to become more competitive
- Understand and implement Operational Improvement methods to increase productivity
We are also helping companies to prepare for the future through:
- Technology Road-mapping
- Digitalising manufacturing including SMART factories
If you are looking for support in adapting work flows and factory layouts in order to make your organisation COVID-19 compliant, please do not hesitate to register for one of our free line walks. For qualifying SMEs, Innovate UK’s Reach Programme can provide 50% match funding for any further project activities to support this transition.