Under the scheme, which was first introduced in 2009, apprentices have the choice between a $500 tool voucher – subsidised by Australian Jewellers Supplies in Australia and G A Warburtons in New Zealand – or $400 in cash towards costs associated with their training.
Application forms have been sent to all Nationwide members across the two countries, and members have until 31 March to submit them.
Colin Pocklington, managing director Nationwide, said, “As a major player in the jewellery industry, we recognise our obligation to support and encourage young people in enhancing their skills and experience.”
Under its various support schemes over the decades, Nationwide Jewellers has contributed more than $180,000 to young people in the jewellery industry.
The buying group also holds an annual Apprentice of the Year Award competition, with the winner receiving a prize valued at more than $1,000 as well as the Nathan Cameron Perpetual Trophy.
In 2020, the format of the competition was modified to take the form of a custom jewellery design brief for a hypothetical customer.
The winner was Amelia Pask of GMW Jewellery in Blenheim, New Zealand, who was tasked with designing a dress ring as a 40th wedding anniversary gift.
Pocklington confirmed the competition would be held again in 2021, with the winner to be announced and presented with their trophy and prize at during the annual Nationwide members' gala dinner, which is scheduled to coincide with the International Jewellery & Watch Fair (IJWF) in Sydney in August.
Nationwide will also be celebrating its 30th anniversary at the IJWF.
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Nationwide kicks off apprentice support program