The Government, through the Department for Education (DfE), established IoTs to deliver world class higher technical education to support the needs of the people and employers in a specific area or region. They are a key component of the 2020 Skills for Jobs White Paper which outlines how the Government plans to provide the technical education and training needed to fill skills gaps, boost economic recovery and secure jobs and opportunities in the future. DfE’s role is to manage the competition process for creating IoTs and to support them through their set-up, strategic planning and early years of operation. It has also provided £170 million to create state-of-the-art facilities and infrastructure for the wave 1 IoTs, currently operational, and will provide an additional £120 million to those in wave 2 when they are announced.
Each IoT is awarded a License by DfE that outlines its role and objectives and is signed by all partners in the IoT. You can find out more about IoTs on this website and on gov.uk.
“Institutes of Technology are the pinnacle of technical education, helping to develop the highly-skilled talent pipeline employers will need for the future. By bringing together further education colleges, universities and businesses, Institutes of Technology are unique partnerships which will help to tackle skills shortages in vital sectors, from marine engineering to healthcare, cyber security to agri-tech. Institutes of Technology are also playing a vital role in our multi-billion Plan for Jobs, which is helping to level up opportunities and support people to get the skills they need to get good jobs as we recover from the pandemic.”
Gillian Keegan, Minister for Apprenticeships and Skills