statement of their required work experience. Preference in initial selection is given to candidates with potential for reaching influential positions in their own countries and/or whose employers are possible customers for British equipment or technology. The CBI will make the final decision on acceptance of applications and, if accepted, will attempt to place the candidate with host firms or organisations able to offer the relevant work experience.
7. The facilities of the Scheme are also available to firms who wish to provide work experience for qualified overseas engineers as a means of furthering their overseas business interests. Firms wishing to nominate candidates under this Trade Targeted Scheme should obtain an application form from CBI Overseas Scholarships for completion by their nominee; this should then be sent to the CBI together with a letter confirming the offer of a place. The potential scholar will then be processed and administered as a normal scholar.
We
8.
Alternatively, a UK firm may wish to offer an 'open' place, intended for a particular country or organisation within it, and asks the CBI to seek a suitable candidate. would then pass the offer on to our representative. From an application received by this route we prepare a particulars sheet and send that to the firm concerned for acceptance or otherwise. We cannot, of course, guarantee that a suitable applicant will be forthcoming using their procedure.
Financial Arrangements
9.
The Department of Trade and Industry undertake to meet up to 50% of the annual costs of the Scheme, with the balance coming from industry. In practice, industry's share is provided through contributions made by host firms comprising 80% of the maintenance allowances paid to scholars who are attached to them for training. The rates of allowances and contributions are reviewed annually on 1 September.
CBI Scholars' allowances are free of tax or other statutory deductions and scholars are exempt from charges for treatment under the National Health Service.
10. The CBI makes all payments to scholars monthly in advance, and invoices firms quarterly in advance (or pro-rata for shorter attachments) for host firms' contributions. Invoices are related to the actual period of training spent with a firm and are allowable expenses for tax purposes.
11.
Host firms are not required to pay National Insurance Contributions, but scholars are covered against industrial injuries. Scholars are also covered by a Public Liability Insurance in respect of any accident causing damage up to £500,000. Host firms are recommended to cover themselves against possible claims at Common Law by including CBI scholars in their general employers' liability insurance policies.
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