Colleges invited to apply for £48m Skills Injection Fund

The Department for Education has launched an £48 million Skills Injection Fund (SIF), which will help colleges rollout Higher Technical Qualifications (HTQs) by investing in specialist equipment, facilities, and upskilling staff.

HTQs are technical courses at levels 4 and 5 which equip students with the high-quality, higher-level skills needed to secure well-paying jobs, like software developer or construction site supervisor. They also help to meet local labour market needs and boost local economies. The new investment will allow colleges and other providers to deliver more HTQs by funding specialist equipment, facilities, and upskilling staff.  
 
Meanwhile, more than 40 schools and colleges will receive a share of £140 million to transform their facilities to meet demographic increases in young people aged 16 to 19. This could include building more classroom space or technical teaching facilities, so that more students have access to high quality learning environments and projects that will set them on a path to success.
 
The rollout of HTQs is a key part of the Government’s post-18 skills reform to grow high-quality Level 4 and 5 qualifications, building towards the Lifelong Loan Entitlement. The previous round of the SIF distributed over £21 million to 85 providers, boosting skills training across the country. This includes Manchester City College which used the funding to build a digital lab contributing to the growing media and TV sector.
 
Further Education colleges and other providers have been invited to apply for a share of the Skills Injection Fund, with new courses starting September 2024. This includes courses in Education & Childcare and Engineering & Manufacturing which will help to produce a pipeline of talent that will plug skills gaps in these key sectors.
 
Both rounds of funding are part of the Government’s plans to transform technical education and training to ensure that young people from all backgrounds have the opportunity to gain the skills they need to succeed and provide local employers with access to the skilled workforce they need to grow. This builds on the £165 million Local Skills Improvement Fund announced earlier this month, which will provide tailored funding to plug local skills gaps across the country. These transformative measures will revolutionise skills training to meet local needs and help fulfil the Prime Minister’s priority of boosting the economy.