Further Education: Capital Investment

Business, Innovation and Skills written question – answered on 5th September 2013.

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Photo of Dan Jarvis Dan Jarvis Shadow Minister (Culture, Media and Sport)

To ask the Secretary of State for Business, Innovation and Skills whether the further education capital fund will be restricted to use by further education colleges when that fund is transferred to control by local enterprise partnerships from 2015-16.

Photo of Matthew Hancock Matthew Hancock The Parliamentary Under-Secretary of State for Business, Innovation and Skills, The Parliamentary Under-Secretary of State for Skills

The spending round announced that £330 million of Skills capital funding would be placed into the Single Local Growth Fund in 2015-16 to be allocated to LEPs in support of their Strategic Economic Plans. There will be no restriction to use by further education colleges of the funding announced for further education capital as part of the Local Growth Fund. The funding is restricted for use on capital investment.

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