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Budget 2021: Here are the key points for cycling businesses

27 Oct 2021

The Budget and SR21 promised much for both the cycling industry and for retailers, but will it be enough to help recover the damage done from the pandemic and help sustain the cycling... Read more…

NeartSt now available to ActSmart subscribers from just £9 per month with no lock-in

26 Oct 2021

NeartSt is now available to ActSmart subscribers from just £9 per month with no lock-in (30 day rolling contract). In addition to this, ActSmart Gold subscribers can... Read more…

Celebrate International Repair Day with 20% off Cytech Theory one, the online introductory bike maintenance

26 Oct 2021

With courses for both enthusiasts and professionals, the Cytech journey you take will differ depending on where you want to take your new skills, but either way your journey will begin with... Read more…

Experts advise indie retailers to "buy stock now" for Christmas

21 Oct 2021

A recent article featured in Forbes has advised independent retailers to plan ahead this Christmas, especially with regard to e-commerce, stock quantities and COVID restrictions.
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FCA fees penalise independent businesses

19 Oct 2021

The FCA have recently announced significant increases in their base ratefees that will have an unfavourable effect, particularly on smaller independent retailers.
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Help us to campaign the removal of the £200 reporting threshold for retail crime

19 Oct 2021

This is the £200 threshold that determines the response by the police, and theft below this level does not always merit a police visit and offenders can plead guilty by post.
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Kickstart Scheme deadline extension

14 Oct 2021

Originally due to end on 31 December 2021, it has since been announced (4th October 2021) that the scheme has been extended until March 2022.
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September breaks records for number of practical Cytech technicians certified within one month

13 Oct 2021

Cytech continues to be in record-breaking demand as it now sees the highest ever number of technicians certified within one month in September 2021 - with over 115 in the UK alone!
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Contactless Payments Increase to ?100 on Friday 15th October 2021

13 Oct 2021

According to UK Finance, 'The new £100 limit is designed to balance security, convenience and consumer demand."
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Your business journey to net zero: Register for the London or Scotland event now

11 Oct 2021

Your Business Journey to Net Zero, is a series of locally focused virtual events, designed to help small businesses who want to play theirpart in climate change, but don't know where is best... Read more…

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Kickstart Scheme deadline extension

Posted on in Business News, Cycles News

The Kickstart Scheme provides funding to create new job placements for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment.

Originally due to end on 31 December 2021, it has since been announced (4th October 2021) that the scheme has been extended until March 2022.

Employers of all sizes now have until 17 December 2021 to apply for funding which covers:

On top of this funding, an additional £1,500 payment is also made to the employer per placement to support with setup costs and employability training.

Employers can spread the start dates of the job placements up until 31 March 2022, with funding available for 6 months once the young person has started.

Further funding is available for training and support so that young people on the scheme can get a job in the future. So far more than 120,000 jobs for 16 to 24 year olds have now been created through the Kickstart Scheme, as ministers have urged more employers to get involved.

Download Kickstart social media posts and content

Read the Kickstart Scheme - a guide for employer

Now even simpler for employers to join

Since February 2021 the Department for Work and Pensions allows retailers to apply directly for its Kickstart Scheme regardless of the number of jobs to be funded, having amended from the previous requirement for retailers applying for funding for 29 or fewer placements to partner with an external ‘Kickstart Gateway' for quality checks.

Placements must start by the end of March 2022 and must be new jobs - they cannot reduce working hours for other colleagues. To ensure all job placements continue to be of a high quality, the government will continue to apply rigorous checks on training support and finances.

Further guidance about the Kickstart Scheme is available here. Please contact the ACT directly if you would like any further information about the ACT, Cytech or the Kickstart Scheme.

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