This is great news for our industry and provides reassurance for employers to keep existing apprentices and take on new ones, during a period of uncertainty.
We are hugely supportive of this as it will enable us all to work together to continue growing the skills pipeline, both in capacity and training.
What is Apprenticeship Boost?
Apprenticeship Boost is a payment available through the Ministry of Social Development (MSD) to support employers of apprentices in the first two years of their training. This is available for employers with existing and new apprentices.
Employers can receive up to 20 months of support with payments of $1,000 per month in an apprentice's first year and $500 per month in the apprentice's second year, up to a maximum of $16,000 for each apprentice who is enrolled in a BCITO Level 4 qualification that contains 120 credits or more.
Example: For an apprentice 3 months into their apprenticeship the employer is entitled to $1,000 per month for 9 months and $500 per month for the next 11 months.
BCITO apprenticeships that qualify under this criteria are:
- Architectural Aluminium Joinery Installer with Repairs & Maintenance
- Concrete Construction
- Frame & Truss Detailing V1
- Trowel Trades - Ferro-cement Tank Manufacture
All apprenticeships in:
- Brick & Block Laying
- Exterior Plastering
- Glazing (excluding Automotive Reglazing)
- Glass Processing
- Interior Systems
- Painting & Decorating
- Resin Flooring Application
- Stonemasonry (Construction, Monumental Masonry and Natural Stone Fixtures and Fittings)
When is this available?
Applications are open now. Apprenticeship Boost runs for 20 months from August 2020.
How to apply for Apprenticeship Boost
What you need to provide to MSD
You’ll need to have a business MyIR account. If you don’t already have one you can set it up on the Inland Revenue website. This is needed to validate the email address used in any Apprenticeship Boost applications for your business.
Your apprentice(s) will need to sign a consent form.
You'll need to supply these details in your application:
- Business trading name
- Business legal name
- Bank account details
- Business Inland Revenue number
- GST number (if you're GST registered).
You'll need your apprentice's:
- date of birth
- Inland Revenue number
- qualification name that they're training for
- training start date.
Most of this information is on the Training Agreement you and your apprentice both signed at the beginning of your apprentice's training.
You'll need to re-confirm with MSD each month, so they know the information about you and your apprentice(s) is correct and you still qualify for the payment.