Government to provide £110m injection while colleges are investing £330m in projects

St Ambrose College

St Ambrose College

Colleges are planning to invest £412m in new-build and refurbishment work, the government has announced.

The government is investing £110m through the Skills Funding Agency, while colleges are investing £330m in projects.

Business secretary Vince Cable said: “These projects will transform the learning environment for thousands of students across the country, providing them with state-of-the-art facilities and modern resources that will help them fulfil their potential.

“Addressing gaps in skills is an important part of our industrial strategy. This initiative is another example of how Government is working in long-term partnership with industry to give them more confidence to invest, hire and grow.”

A full list of successful bids for funding can be found here.