SERI targets support at unemployed young people with the greatest barriers to employment to enable them to obtain and remain in sustainable employment (including Modern Apprentices).
It offers employers up to £4,000 when their company commits to a new job or new MA. The funding is available as a contribution toward the additional costs of recruiting and sustaining a young person during their first 52 weeks of sustainable employment.
If the company pays the young person the living wage there will be an additional payment of £500.
As a national minimum, it will be expected that 25% of places allocated to Local Authorities will support young people who are a care leaver or carer, an ex-offender or disabled.
The incentive is fully funded by the Scottish Government and is managed and delivered by Local Authorities. Skills Development Scotland administers the programme on behalf of the Scottish Government.
The scheme was paused in December 2015 and resumed in April 2016. It will run to 31 January 2017.
For more information, and to find out if you are eligible to apply, visit Our Skillsforce.