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Fund connects colleges to employers

31 Jul 2008

Fund connects colleges to employers Further education (FE) colleges and training providers can now tap into a new fund to help them connect with businesses in an "innovative and collaborative" way.

The Learning and Skills Council (LSC) has unveiled the pot of cash for colleges which need money to drive training innovations in order to prepare students for jobs.

According to the LSC the fund will help the sector drive a collaborative and practical approach to new ideas through a small number of targeted 'pathfinder' projects.

Innovation minister Ian Pearson said: "The Specialisation and Innovation Fund will help FE colleges to connect with business and enhance their reputation for innovation and specialism."

He added it would help colleges establish their "vital support role" in helping UK businesses to succeed in the global economy.

Bids are now being taken for funding of between £250,000 and £800,000 and will be available for one year for successful applicants.

The LSC aims to improve the skills of England's young people and adults to ensure the country has a workforce of a "world-class standard."

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