The Flexible AI Upskilling Fund pilot scheme will support small and medium-sized enterprises in the Professional and Business Services sector by match-funding AI skills training for their employees.
The Department for Science, Innovation and Technology (DSIT) recently announced a £7.4 million pilot scheme to subsidise the cost of AI skills training for small and medium-sized enterprises (SMEs) in the Professional Business Services (PBS) sector.
£6.4 million of grant funding is available in the financial year 2024-2025.
Through this pilot programme, eligible business can apply for funding for up to 50% of the cost of AI skills training. This is training which supports employees to develop their technical skills and/or understanding of AI to be able to develop, deploy, or use AI in their role.
Eligibility: The funding competition will be open to applicants who are:
Additional eligibility and full application criteria will be set out when the funding competition opens in May.
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