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Flexible AI Upskilling Fund is sponsored by Department for Science, Innovation and Technology (DSIT). This fund aims to support small and medium-sized businesses (SMEs) in enhancing their employees' AI skills to boost AI adoption and productivity. It covers up to 50% of the cost of AI training for eligible firms.
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Flexible AI Upskilling Fund pilot: open for applications - NAAME Flexible AI Upskilling Fund pilot: open for applications 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. 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 application window is now open until 31 May. Applications Close 12pm 31 May Objectives of the programme Artificial Intelligence holds huge opportunities to drive productivity and prosperity across the UK economy. It has the potential to increase UK GDP by up to 10.
3% by 2030 – the equivalent of an additional £232 billion – and businesses who adopt AI are more likely to be successful than those that do not. But evidence shows that a lack of AI skills in businesses is hindering AI adoption, in part due to low investment in AI upskilling in UK businesses, particularly in smaller companies. This pilot programme will test whether training SMEs in AI maximises the value of adoption AI.
Specifically, whether government support in the form of match-funding is an effective way of increasing employer-led upskilling in AI, and whether increased skills translate into AI adoption and firm-level productivity benefits.
Specifically, the pilot has the following objectives: To stimulate employer investment in AI training To address AI skills gaps in the UK workforce limiting AI adoption To measure the impact of AI upskilling on business productivity and outcomes 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 (see the guidance attached for definition) Full Competition Details Here Contact us on james.
williamson@naame. co. uk to find out more about NAAME, our Talent Sharing Platform or Manufacturing Groups.
According to the current listing, eligibility includes: Small and medium-sized businesses (SMEs) in the professional and business services sector, including accounting, bookkeeping, audit firms, legal practices, architectural firms, and management consultancies. Confirm the full requirements in the official notice before applying.
Flexible AI Upskilling Fund is funded by Department for Science, Innovation and Technology (DSIT). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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