The Department for Science, Innovation & Technology (DSIT) has recently launched an exciting funding opportunity aimed at small and medium-sized enterprises (SMEs) looking to enhance their AI capabilities.
The Flexible AI Upskilling Fund, which started on May 1, is a pilot grant scheme designed to subsidise the cost of AI skills training for SMEs. This initiative seeks to boost employer investment in AI, upskilling and fostering greater AI adoption across businesses.
Through this pilot programme, eligible businesses can apply for funding for up to 50% of the cost of AI skills training. This refers to 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. By investing in AI skills now, businesses can position themselves for future success and innovation.
Businesses have until the 18 August to submit an application into the programme. Don’t miss out on this chance to enhance the capabilities of your business and stay ahead in the rapidly evolving AI landscape.
To find out more about the pilot scheme, visit the GOV website here.
To submit an application into the pilot scheme, follow the direct link here.
Contact the Worcestershire Growth Hub team, on the details below, for support with your application and to understand the wider business support available to help local businesses.