Are you making the most of the AEB?
As you’ll certainly be aware, the European Social Fund (ESF) will be coming to an end in the UK at the end of 2020. To replace it, the government is planning to overhaul the current Adult Education Budget (AEB), and it’s important that you don’t miss out.
What is the AEB?
The AEB provides access to funding for the delivery of education and training of learners aged 19+. It aims to engage adults and provide the skills required to progress in work.
The funding can be accessed through local training providers or colleges and allows employers to upskill and refresh the skills of their current employees, improving progression opportunities and overall business productivity.
As part of the move away from the ESF, Combined Authorities will be given responsibility for the AEB.
This means that each Combined Authority will now be allocated AEB budgets based on the specific education and training needs of learners and businesses in their areas.
Through 2019-20, the following areas are piloting the new approach:
- Tees Valley
- Greater Manchester
- Liverpool City Region
- West Midlands
- Cambridgeshire and Peterborough
- West of England
- Greater London Authority