Competition opens for new wave of Institutes of Technology
£120 million has been made available for a second wave of Institutes of Technology (IoT) - a collaborations between Further Education colleges, universities and business.
Institutes of Technology’s will offer higher technical STEM education and training (mainly at Levels 4 and 5) in key sectors such as digital, construction, advanced manufacturing and engineering.
By bringing together Further Education and Higher Education providers with employers, Institutes of Technology will deliver the technical knowledge and practical workplace skills that employers need.
The government plans to invest £290 million to establish a comprehensive network of 20 employer-led Institutes of Technology so every area of the county has access to one.
Wave Two is open to all regions of the country without an Institute of Technology, including the North West, Midlands, East of England and parts of the South East.
The launch of the competition builds on the success of wave one which selected 12 Institutes of Technology, with many already up and running in areas of the country including the South West, Midlands, Yorkshire, the North East, and London.
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