Group Training Scheme Fund
Group Training Scheme Fund
The Group Training Scheme (GTS) Fund provides funding to support Group Training Schemes to retain apprentices in the period following the COVID-19 lockdown.
The Group Training Scheme (GTS) Fund provides funding to support Group Training Schemes to retain apprentices in the period following the COVID-19 lockdown.
The purpose of the Group Training Scheme (GTS) Fund is to ensure apprentices employed by Group Training Schemes are able to be retained by making the Schemes viable during the immediate aftermath of the lockdown due to COVID-19.
The intention is that apprentices employed by the Schemes should be moved back into work once businesses can host them again, but that they remain employed, and access off-job training opportunities if possible, in the meantime.
Up to $19.36 million of funding is available until 30 June 2021 and will be allocated through negotiations between the Tertiary Education Commission (TEC) and existing Group Training Schemes. A negotiated approach allows for each Group Training Scheme’s circumstances and the needs of their mix of apprentices to be taken into account.
We are accepting applications from existing Group Training Schemes. Please see the definition of a Group Training Scheme under organisational eligibility below. Eligible Group Training Schemes will be contacted directly by the TEC with details of the application process. We are not accepting applications from new organisation looking to establish Group Training Schemes. These are the eligibility criteria for the GTS Fund. An eligible Group Training Scheme is a scheme operated by a Group Training Organisation since at least 1 March 2020, which directly employs apprentices and trainees enrolled with a formal industry training agreement and places the apprentice with host businesses for the fixed term of their apprenticeship or training. GTS Fund funding is available for the purposes of: Group Training Schemes that receive funding should aim to become sustainable using other forms of income as soon as possible, and to work towards reducing reliance on the funding, while preserving and enhancing skill acquisition and outcomes of their apprentices. An organisation that receives GTS Fund funding is required to comply with: We pay funding for successful applicants in instalments, as specified in the funding letter. We only pay funding after the funding letter has been signed and returned to us. We pay the first instalment at the start of the project, and we pay subsequent instalments on the receipt of agreed progress or completion reports. See reporting under Monitoring and reporting below. Funding must only be used for the activities specified in the funding letter. If the funded organisation receives funding that was greater than it should have been, or that it was not entitled to receive, we will recover the extra funding. This may include: Organisations receiving funding from the GTS Fund must provide us with the following information at the intervals outlined in the funding letter: We will publish information on how the funding has been used. We monitor the performance of funded organisations through the information and reports provided to us.Applying for Funding
Eligibility
Organisational eligibility
Support programme eligibility
Funding and payments
Funding
Payment
Funding recovery
Monitoring and Reporting
Reporting
Monitoring