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Financial Assistance and Funding Options

This page outlines and provides links for individuals or organisations to find sources of funding for training or other IT related purchases.

Please note that F1 Computing Systems is not qualified to offer advice as to the best way of funding your training or IT purchases. The page below has possible sources of funding to assist you in finding the most appropriate for your specific needs, however funding from these sources is subject to variable criteria and is not guaranteed.

 

Funding for Individuals

Direct Gov Website:
The Direct Gov website has a whole section dedicated to adult learning and skills with career advice, including a section on obtaining financial help.

Directory of Social Change:
The DSC is the leading source of information and training for the voluntary and community sector.
www.governmentfunding.org.uk has over £2.3 billion of local, regional, national and European funding sources available; www.grantsforindividuals.org.uk for individuals in need; www.companygiving.org.uk has 490 companies with £808 million available; www.trustfunding.org.uk has 4400 trusts with £3.6 billion available.

Support During Redundancy

If you have recently been made redundant, or are in your redundancy notice period, you may be eligible for funding through the following organisations:

Welsh Assembly Government:
The Redundancy Action Scheme (ReAct) is a programme of funding for training provided by the Welsh Assembly for people living in Wales who are facing redundancy.  The scheme can also help employers who are recruiting someone who has recently been made redundant.
NB. F1 has provided training in our Bath office for people on this scheme.

Department for Work and Pensions:
If you are un-employed or have recently been made redundant, you may be eligible for funding through the DWP.  An introduction to learning cost assistance is available online (including information on Professional and Career Development Loans), or simply speak to your careers adviser at your local Job Centre. 
NB. F1 is registered at the DWP as a provider of training services.

Response to Redundancy Programme: 
R2R is a Learning & Skills Council and European Social Fund programme designed to support both employers and employees who may be involved in the process of redundancy or are likely to be in the near future. It provides funding and support to better prepare individuals for the job market once they leave their current employer.  Available at various locations around the UK.


Funding for Employers

Business Link:
Business Link is a free business advice and support service, available online and through local advisers.  The website gives practical advice for businesses and has a section on Finance and Grants.

Welsh Assembly Government:
ProAct - Skills Growth Wales is a financial support package designed to help Welsh companies grow by funding high level or new technology skills training.

Train to Gain:
Train to Gain is part of the Governments Solutions for Business, a wide portfolio of highly targeted, publicly funded business support products and services, designed to help eligible English businesses grow and succeed.  Train to Gain is a national service that supports employers of all sizes and in all sectors to improve the skills of their employees as a route to improving their business performance. 

Microsoft Financing:
Microsoft Financing provides flexible payment solutions for organisation’s to acquire the IT solution they need rather than what they can afford . Microsoft Financing offer a single source of finance not just for Microsoft software, but also for services including training and consultancy, plus third party hardware and software.

 

All of the above sources may change focus, requirements or availability without notice.  F1 will continue to update this web page regularly, but cannot guarantee that the information is up to date at the time of reading. 

If you feel that there is an error on this page, or have found a source of funding you would like to share, then please let us know at enquiries@f1comp.co.uk

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