How much funding is available under the Qualification Opportunities Act?

The Qualification Opportunities Act, introduced on January 1, 2019, aims to promote the professional skills of employees in times of digital change. It offers financial support for further training, regardless of age, education or company size. Employers benefit from funding opportunities and increased competitiveness of their workforce. Employees can open up new opportunities and consolidate their careers. It facilitates access to education, promotes professional mobility and secures jobs in the long term. The law highlights the importance of continuous learning in the modern working world.

Funding opportunities under the Qualification Opportunities Act

The Qualification Opportunities Act offers comprehensive funding opportunities for employees and employers by bringing the employment agency on board. This law aims to promote the continuous further training of employees, even in times of change in the world of work.

Under the Qualification Opportunities Act , you as an employee can benefit from financial support to acquire new qualifications. This can be crucial to staying relevant in times of digitalization and automation. The funding covers both the costs of further training and any loss of earnings.

For employers, the Qualification Opportunities for Employers Act also offers significant benefits, such as:

• Improving the qualifications of the workforce

• Increasing competitiveness through modern know-how

• Ensuring long-term staff retention by investing in employees

These subsidies are efficiently designed to meet the needs of both companies and employees and contribute to stability on the labor market.

Special features of funding in Lower Saxony

The Lower Saxony Qualification Opportunities Act offers special funding opportunities for further vocational training. In Lower Saxony, participants who qualify under the Qualification Opportunities Act benefit from extended support measures from training providers such as neue fische. These regulations aim to facilitate vocational requalification and support the long-term unemployed and people in structurally weak regions in particular. Education vouchers cover the costs of boot camps and training courses that teach practical skills in areas such as web development, data science and Java development. These funding options make it easier to get off to a successful start in the IT sector.

Requirements for funding

In order to receive funding through the Qualification Opportunities Act, certain requirements must be met. These criteria are decisive:

• Employment status: you should be in an employment relationship subject to social security contributions. Self-employed persons are not eligible for funding.

• Further training objective: The qualification you are aiming for must enable you to remain competitive on the labor market in the digital age.

• Need for qualification: Your current job should be affected by significant changes, for example due to digitalization.

• Previous funding: You should not have received similar funding in the last four years.

Transition words such as "at the same time" or "otherwise" allow you to better understand the logic of the requirements. Compliance with these Qualification Opportunities Act requirements is essential in order to successfully apply for funding and benefit from the wide range of further training opportunities.