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Investing in Skills

The Investing in Skills Scheme is a great opportunity for employers to develop their teams through tailored training, backed by subsidies for training costs, wages, and even travel. Take this chance to integrate continuous learning into the fabric of your company culture.

Scheme Benefits

In a world where skills define success, the Investing in Skills Scheme stands as a catalyst for growth. Co-financed by the European Social Fund+, it offers up to 70% subsidies on training endeavours, embracing diverse learning formats from in-person to digital. With €29.70/hour for trainers and €9.25/hour for trainees' wages, it’s a smart investment in your team's future, broadening horizons and igniting a passion for continuous improvement. 7% of the eligible total is also added to compensate for overheads.

For Employers: This is your opportunity to sculpt a dynamic, knowledgeable team through: 

  • Greater productivity 
  • Less wasted time 
  • Higher quality 
  • Boosts in motivation and engagement. 
  • Knowledge sharing. 
  • Innovation in the workplace. 
  • Improved company processes.

For Employees: Step into training programs that will shape your career’s trajectory. It's more than a learning opportunity. This scheme is about gaining tools to excel, seize new opportunities, and reach heights in your professional journey. 

Eligibility Criteria

  • Training Scope: Only external training programs, excluding mandatory legal training, meetings, and team-building events, are eligible. 

  • Type of Training: Classroom, e-Learning, distance learning are eligible

  • Training Programmes: can be Non-Accredited or Accredited

  • Group Size: A maximum of 10 trainees per group is allowed. 

  • Application Deadline: Submit applications at least 7 days before the training start date. 

  • Funding Rate: Depending on the size of the undertaking (50% Large, 60% Medium, 70% Small) 

  • Only external

    training programs

  • Training Type

    Classroom, e-Learning, distance learning

  • Accredited training MQF/EQF Levels 1 to 5 are supported

    Non-Accredited or Accredited Training Programmes

  • Group Size

    of maximum 10

  • Application submitted

    at least 7 calendar days in advance

  • Funding Rate

    Depends on Size of Undertaking

Scheme Documentation

1: IIS Application Stage Documentation 

It is important to have the Training Programme Template and Training Schedule Template ready for uploading BEFORE filling in and submitting the IIS Application Form. 

2: IIS Implementation Documentation 

3: IIS Reimbursement Stage Documentation 

(Version 1.1 Training Rate @ € 29.70 Wage Rate @ € 9.25) for applications submitted 13th May 2024 onwards
(Version 1 Training Rate @ € 28.25 Wage Rate @ € 5.55) for applications submitted 18th Sep 2023 - 12th May 2024

4: FORMS: 

5: Anti-Fraud Strategy 

6: List of Beneficiaries

7: Previous Versions of IIS Guidance Notes

Applying for this Scheme

Apply For Scheme - EN  

Need more details?

For more information contact the Investing in skills unit

email [email protected]
telephone 22201300.

Investing in Skills (IIS) Scheme

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