If you meet the criteria above, you may well be entitled to funding. The grant can be up to £1000 towards any development you undertake. The first £500 is payable from the grant, the next £500 is payable by your organisation but will be matched from the grant. This means that you could claim up to £1000 in funding and your organisation will pay £500.

The first £500 is dedicated to a key senior manager and is always fully refundable. The remaining grant money may be used towards the development of your management team.

Below are some examples:

Example 1 - You decide to do some development based on strategy and you get a consultant to do it for £495.00. This amount is fully refundable under the scheme.

Example 2 - You decide to get some training and it costs £1000. The first £500 is fully refundable and the rest (£500) is split. Your organisation pays £250 and that is matched with another £250 from the LMAS funding.