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A2I Santander SME Funding

This fund, in partnership with Santander Universities, can support Exeter students and recent graduates to arrange a 2, 6 or 10 week paid internship with a UK SME (an organisation with less than 250 employees) by partially funding the costs of a paid internship. Funding will be paid to your internship organisation who must pay you through their own payroll system. Funding applications close on Sunday 16th June 2019. All funds are issued on a first-come-first-serve basis.

 

Remaining Santander Funding: £0 - Waiting list running. Funding updated every Friday.

Available funding for internship employers outside of London:

Internship Length (full time or part-time)

Hourly Rate of Pay (the SME must pay)

Funding A2I Contributes

Funding the SME Contributes (Ex. employer NI and pension)

2wks or 70 hours overall

At least £8.75

£612.50 (No VAT)

£0

6wks or 210 hours overall

At least £8.75

£918.75 (No VAT)

£918.75

10wks or 350 hours overall

At least £8.75

£1,531.25 (No VAT)

£1,531.25

Available funding for internship employers in Greater London:

Internship Length (full time or part-time)

Hourly Rate of Pay (the SME must pay)

Funding A2I Contributes

Funding the SME Contributes (Ex. employer NI and pension)

2wks or 70 hours overall

At least £10.20

£714 (No VAT)

£0

6wks or 210 hours overall

At least £10.20

£1,071 (No VAT)

£1,071

10wks or 350 hours overall

At least £10.20

£1,785 (No VAT)

£1,785

To be eligible for the Santander SME funding you must:

  1. Have the right to work in the UK and have, or be applying for a National Insurance Number.
  2. Be a current University of Exeter student or have graduated from Exeter in the last two years.

Your internship organisation must:

  • Be with a UK based Small or Medium sized Enterprise (SME) - an organisation with less than 250 employees and a turnover of less than £40 Million a year. If you are unsure A2I can check for you.
  • Be a reputable organisation
  • Have suitable liability insurance
  • Provide a contract of employment. Please note, interns are required to be employed, not self-employed. For more information please go to the HMRC website.
  • Pay you through the organisations own payroll system. Unfortunately, if an organisation is unable to do this we will be unable to provide any funding.
  • Pay the agreed wage, on an agreed regular payday i.e. monthly or weekly and once you have begun work
  • Give the University permission to share your details, details of the organisation and the internship with the funders, Santander Universities.

The internship must:

  • Pay £8.75 or more per hour. If the internship is in Greater London the internship must pay £10.20 or more per hour.
  • Be for the amount of hours relative to the funding provided, please see table above for details
  • Be within the UK
  • Include tasks and responsibilities normally associated with an undergraduate or graduate level position, to aid your career development
  • Not be completed by the time you apply for funding
  • Undergraduate students must not work more than 15 hours per week during term-time. If you are a post-graduate student you must not work more than 6 hours per week during term-time. Full time internships can commence during vacations and once you have handed in all of your work.

To arrange you own internship you will need to undertake the following 5 steps:

  1. Identify your preferred internship sector and role
  2. Identify potential internship organisations
  3. Identify key contacts to approach in the organisations
  4. Approach the contacts speculatively (see templates in guide) to ask for a paid internship, detailing the A2I funding and T+Cs.
  5. Apply for A2I funding, once you have received a positive response from an organisation

For details on how you can do this please read the How to Arrange a Paid Internship Guide 18-19.

Further help

If you have read the guide and would like support with any of the steps to arrange your own internship, the Careers Consultants, Kate Foster (Exeter) or Rachel Coombes (Cornwall), can provide one-to-one careers advice and guidance. To book an appointment please contact your Career Zone:

In order to apply for funding you must have checked the following:

  • The internship organisation is able to pay you through their own payroll system and are happy to abide to the conditions of the funding
  • You have confirmation of your start and end dates and the role you will be undertaking
  • The internship meets the above internship requirements

To apply for funding please complete the Santander SME Funding Application Form by Sunday 16th June 2019. All funding is issued on a first-come-first-serve basis.

Please read the How to Make the Most of your Internship to help you prepare and make the most of your time.

We ask that your internship employer provides you with an induction when you begin. If your employer does not have an induction process please work through the Internship Induction Checklist. We also ask your employer to discuss and set you clear objectives for you to work towards in your internship. Ideally your internship organisation should review and evaluate your performance throughout your internship, providing feedback where necessary. Employers are welcome to use their own performance evaluators, or you can work through the University's Internship Performance Development Review together.

If you need to drive to work, the University advocates using car share schemes. Click the following links to find information on:University of Exeter car sharing, Car Share Devon and Car Share Somerset. If you are working outside of the South West, you can contact your local council to find out about similar schemes.

Do you need accommodation while you complete your internship? You can find reasonably priced rooms and flats on Zoopla ; Spare RoomsRightmove and Gumtree. If you are working in Exeter, the University can also offer en-suite accommodation over the summer, for more information, please visit the University’s Accommodation website.

As a condition of the funding both parties must complete an internship evaluation form. We ask that all forms are completed before the end of the internship.

Please fill out an Intern Evaluation and please encourage your Employer to complete their Employer Internship Evaluation.

If you would like to see where students have undertaken A2I internships and learn about the roles they have performed, take a look at our case studies.

If you would like to see some answers to frequently asked questions please see our FAQ page.

If you have any queries please contact A2I@exeter.ac.uk or 01392 725196.

  • The intern must allow us to share their details, details of the company and the internship with the funders, Santander Universities.
  • All parties must agree to the A2I Terms and Conditions as outlined in the A2I External Internship Agreement 18-19
  • Employers can receive more than one subsidy, to a maximum of 2 Santander subsidies per year, but cannot receive more than one subsidy per intern.
  • Students, graduates and employers cannot apply for further funding to either extend an intern contract or employ the same student or graduate after the internship has completed.
  • Employers cannot combine or apply for more than one A2I subsidy; Santander or Widening Participation, for the same internship.
  • Employer subsidies will be paid upon the successful placement of an Exeter intern into the approved internship and once an A2I Internship Agreement has been signed and returned.

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