What are the best methods of financing a business in 2023?

There are many solutions to help you finance your retraining project in the digital professions. Several funding schemes are available depending on your status.

Best methods of financing a business in 2023

Do you plan to convert to web jobs to become a developer, cybersecurity expert, community manager, or even UX/UI designer? Specific and technical skills will be required to meet the needs of recruiters. For this, you have the possibility of following a certifying or diploma training, face-to-face or remotely, in order to acquire the knowledge required which will allow you to practice your profession in the digital world. Several financing solutions are at your disposal to help you in your efforts, whatever your status, in order to succeed in your professional retraining project. What is an interim manager and what are his missions?

1. The Personal Training Account (CPF)

The Personal Training Account corresponds to the rights to training, which any active person will accumulate throughout their professional career. It allows you to acquire new skills in many areas, such as digital professions and is perfectly suited to a professional retraining project. Each year, your CPF is credited with €500 up to a limit of €5,000.

It is aimed at all those exercising or having exercised a professional activity from the age of 16 (or 15 under a professionalization contract), namely:

  • Employees (full-time and part-time),
  • Job seekers,
  • The self-employed,
  • Civil servants (with a CPF in hours and not in euros),
  • The seasonal…

You can view the amount available by logging into the mobile application or the My Training Account website. Many certifying and diploma courses in digital are offered in the centre, remotely or to be followed in a hybrid way. Once you have chosen the one that meets all your expectations, the procedure is very simple: just select your course and complete the registration form. You will receive a response within 2 working days. What Is a Financial Plan, and How Can I Make One?

If the sum available on your CPF is not sufficient to finance your retraining project, you have the possibility of benefiting from a “contribution”, that is to say, additional financing for your training, which may cover 100% of the remainder to be paid within the limit of €1,000 per training file. After validation of your request by the organization, the contribution can be activated directly from the application or the My Training Account site. This aid is provided directly by Pôle Emploi, by your employer, by the State, by associations, etc. Professions recruiting in 2022

2. The professional transition CPF

This is a modality of the CPF, which can be set up as part of a professional transition project (PTP). This advantageous system offers the possibility to employees wishing to change jobs to finance all or even part of their certification training in connection with their project. In concrete terms, you are entitled to leave and to the maintenance of your remuneration, in whole or in part, for the duration of your training. All the training courses eligible for the CPF are at your disposal so that you can easily retrain in the digital professions.

To be able to use your professional transition project, you must be an employee and have at least 24 months of seniority (consecutive or not), including 12 months in the company, at the time you wish to start your training. Note that certain specific terms and conditions may apply to employees on fixed-term contracts. Your employer must respond to you within 30 days from the date of your request for PTP leave. Without a response from him, your request is considered accepted. He can refuse if the criteria of seniority and request for absence are not respected. A postponement can be proposed within a limit of 9 months. 6 Best Crystals For Back To School Every Student Needs

The steps to take depend on the length of your work interruption:

  • If it is more than 6 months: you must send your request in writing to your employer no more than 120 days before the start of your training,
  • If it is less than 6 months: your request must be sent no later than 60 days before the start of your training,
  • If it takes place on a part-time basis: the deadline for submitting your request to your employer must not exceed 60 days before the start of your training.

During your professional transition leave, your remuneration will be covered by the Regional Joint Interprofessional Commissions (CPIR), designated by the name ATpro for Associations Transitions Pro. You must file a request for reimbursement with the ATpro in your region.

3. The skills development plan

Unlike the CPF, training costs under a skills development plan (PDC) are fully borne by the employer. Your salary is maintained if the training takes place during your working hours. Your company selects the training to follow, with the aim of meeting its strategic needs while adapting to your professional development needs.

The PDC can be used as part of a retraining project, if you want to acquire new skills related to digital to enrich your experience, but also if you have the opportunity to change jobs, as part of internal mobility for example, while being accompanied by your company. It is aimed at all employees, regardless of the size of the company and the type of contract: permanent contract, fixed-term contract, professionalization contract, apprenticeship or temporary work. How to Start a Startup: 7 Steps to Follow

4. Promotion by alternation

Promotion by work-study, more commonly known as Pro-A, aims to improve the employability of the least qualified employees through work-study training. You can benefit from internal mobility by evolving professionally or by deciding to change profession, in order to obtain a diploma, a professional title or a certification registered in the National Directory of Professional Certifications (RNCP). You will be paid during your training, which may take place during or outside your working hours.

This system is intended for employees with a diploma or a level of qualification below bac+3, regardless of the employment contract:

  • CDI and temporary CDI,
  • CDD,
  • CUI (single integration contract) for an indefinite period,
  • and employees in partial activity.

This upgrading concerns in particular the sectors of activity most in tension, where the supply of vacancies exceeds the number of requests, as in the digital professions. You will thus be able to acquire new technical skills, which you will put into practice during your work-study program in your company. The duration of the training is a minimum of 150 hours and must take place over a period of 6 to 12 months.

Good to know: among the training actions eligible for Pro-A, there is also the Validation of Acquired Experience ( VAE ). It enables the skills acquired during the course to be validated in order to obtain professional certification. VAE is frequently used as part of a retraining project in digital professions.

5. Individual training assistance

This financial aid, which is delivered by Pôle Emploi, allows full coverage of the educational costs of a training course, or intervenes in addition to other financing solutions, as part of a return to a work project or professional retraining. It concerns several profiles:

  • Job seekers registered with Pôle Emploi,
  • People in support of Professional Reclassification Contract (CRP),
  • People on a Professional Transition Contract (CTP),
  • People on a Professional Security Contract (CSP).

To benefit from individual training assistance, you must first make a request to your Pôle Emploi adviser, who will validate the consistency of your project and can ensure that all the conditions are met. You will then need to provide two quotes by name from training organizations. Note that all courses leading to a diploma, professional title, or RNCP certification lasting from 1 to 3 years, regardless of the mode of learning (face-to-face, distance, or hybrid) are eligible for the AIF.

The other mechanisms to finance its conversion to digital

Other financing solutions exist if you do not meet the conditions mentioned above, such as:

  • Operational Preparation for Employment (POE): this aid is intended for job seekers to enable them to benefit from free training in order to prepare for a job.
  • Collective Transitions (TransCo): companies in difficulty, which are faced with economic transformations in their sector, have the possibility of calling on TransCo to support voluntary employees in financing training to retrain.
  • The National Employment Fund (FNE-Formation): this system helps employees in partial activity (long-term or not), but also companies in the resumption of the activity or in economic difficulty, to finance training.
  • The Training Insurance Fund (FAF): this solution is aimed at self-employed workers who need partial or total financing for their training, in exchange for their contribution to vocational training (CFP).
  • The Citizen Engagement Account (CEC): it allows you to increase the balance of your CPF thanks to the valuation of your volunteering or volunteering activities.

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