Current research suggests that 75% of the fastest growing occupations require a skill set best developed through STEM subjects.
Organisations invited to open technology institutes
A share of £170m has been made available to employers, education and training providers to establish new ‘Institutes of Technology’ (IoTs), which will specialise in delivering the higher level technical skills.
IoTs will see businesses and education and training providers working together to deliver provision to learners that is highly sought after by employers, in technical disciplines, particularly STEM (science, technology, engineering and maths).
Education Secretary Justine Greening said: “Institutes of technology will play a vital role driving our skills revolution with business and unlocking the potential of our country’s young people through better technical education. By bridging the country’s skills gaps, these new institutions will drive growth and widen opportunity.
“This Government continues to invest in developing our homegrown talent so British business has the skills it needs and so that young people can get the opportunities they want.”
IoTs are one of the skills reforms outlined by the Secretary of State on 30 November at the Department for Education’s Skills Summit which brought together education experts and some of the country’s top employers to forge a new alliance to deliver a skills revolution.
The first IoTs are expected to open in 2019.Read more