State of the Union: Five key takeaways from Ursula Von der Leyen
17 September 2020
Key points from von der Leyen's state of the union speech [caption id="attachment_14822" align="alignnone" width="640"]...
Following a very successful uptake on the Training Aid Framework (TAF) and the Employment Aid Programme (EAP) the Employment and Training Corporation would like to pre-announce the temporary suspension of these schemes as the budgets allocated for this project have now been committed.
However, the Corporation acknowledges the contribution of this scheme to employers to train their personnel and /or take on new employees and that a number of employers were in the process of submitting their applications. In view of this, acceptance of applications and issuing of acknowledgements for both schemes will continue to be received as per current practice by not later than Friday 8th June 2012 at 4:00pm.
The Corporation will also be undertaking an exercise to ensure that the funds committed by applicants will be actually disbursed. Employers who have grant agreements for training under the TAF scheme which was completed by end of March, 2012 are to submit their claims for reimbursement by 16th July, 2012 at 2:00pm. Employers whose EAP grant agreement end date was prior to end of March, 2012 are to submit their claims for reimbursement by 16th July, 2012 at 2:00pm.
Failure to submit the claims for reimbursement by this date will be considered as a withdrawal of the application from the employer's side and the funds allocated to the application in question will be revoked and re-allocated. This will enable the Corporation to free up funds to be allocated to other applicants.
The Employment Aid Programme is a European Social Fund co-funded programme which provides employment aid to employers in Malta and Gozo aimed at promoting the recruitment of disadvantaged and disabled persons. Since the launch of the programme 2800 persons have found employment through this scheme.
Through the Training Aid Framework, which is another European Social Fund co-funded programme, financial assistance is provided to those companies that invest in the training of their workforce. Through this programme a number of companies in the various sectors of the Maltese economy used this fund to train their workforce and more than 23,000 persons were trained.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).