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 sector. £6.4 million of grant funding is available.
The Flexible AI Upskilling Fund pilot scheme will support SMEs in the Professional and Business Services Sector by match-funding AI skills training for their employees.
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.
The funding competition is open to applicants who:
- are registered and operate in the UK
- employ between 1-249 employees in the UK
- are defined as an SME per the BEIS SME Action Plan
- have been operating for at least 1 year
- are able to match-fund 50% of the cost of the training, and
- operate in the Professional and Business Services (PBS) sector
The application window is now open until 12pm on 31 May 2024.
For further information please select the following link: Flexible AI Upskilling Fund pilot - GOV-UK Find a grant (find-government-grants.service.gov.uk)