£18m Fund for Higher Technical Education Providers
New £18m fund available to support capacity-building and readiness to deliver new approved Digital Higher Technical Qualifications in England.
In the government response to the higher technical education consultation, the Department for Education set out the government’s plans to make higher technical education a more popular and prestigious choice that provides the skills employers need.
The £18m Higher Technical Education Provider Growth Fund has been launched as part of those reforms.
The aim of the fund is to support providers to build and create additional capacity to grow high quality provision and raise the prestige of approved Higher Technical Qualifications amongst learners and employers. In the long-term, it wants to ensure the quality of higher technical education provision is sustainable.
The fund supports capacity-building and readiness to deliver new approved Digital Higher Technical Qualifications from September 2022, and cycle 2 Digital, Construction, and Health and Science Higher Technical Qualification routes from September 2023.
The Fund is open to applications from:
- Further Education Colleges
- Higher Education Providers
- Independent training providers
- Institutes of Technology
A total of £18 million is available; £12 million for capital funding and £6 million for resource funding.
The funding will be based on a funding formula where the funding allocated to each provider will be directly proportional to the number of students they have predicted in their application form for approved Higher Technical Qualifications in the Target Subjects. Funding will be capped at a maximum of £5,000 per learner.
The funding available for each provider will be determined following receipt of all applications. The final allocation will only be agreed once the Department know the full number of predicted eligible learners across all the applications.
Applications must be submitted by the deadline of Friday 9 July 2021 (11.59pm).
