| Who applies?
ITOs
| Fund focus:
Capability funding, Capability, Projects
|
| Status:
Ongoing
| Agreed through?
Investment Plan (on Plan)
|
From 2011 the ITO Sector Leadership Component will be a stand-alone fund rather than part of the Tertiary Education Organisation Component fund, which is being disestablished.
The Industry Training Act charges ITOs with the role of providing leadership on skill and training needs.
In 2011 there will be $1 million (excl. GST) available for ITO sector leadership funding for qualification development in line with the Tertiary Education Strategy priorities.
The setting of national qualifications by ITOs helps ensure that industry skill standards are reflected across a wider range of tertiary provision. This is because once qualifications are registered on the NZQF[1] any accredited provider can offer them.
ITOs are expected to undertake this role as part of their day-to-day functioning.