Tertiary Education Organisation Component

Who applies? ITOs, ITPs, PTEs, Universities, Wānanga	Fund focus: Capability funding, Capability
Status: Disestablished	Agreed through? Investment Plan (on Plan)

The TEOC fund comprised six elements, some of which had sub-elements. The status of each fund from 1 January 2011 is as follows. If a fund is discontinued, existing contracts and funding schedules will be honoured, but no new funding will be allocated.

Element	Sub-element	Recipient	2011
TEI Base Investment		universities, ITPs, wānanga	Ends 31 December 2010 - funding recombined into SAC rates from 2011
	Equity funding	universities, ITPs, wānanga, PTEs	Continues
	Universities’ tripartite funding	universities	Ends 31 December 2010
	ITP Business Links	ITPs	Ends 31 December 2010
	ITP Regional Network	ITPs	Ends 31 December 2010
ITO Sector Leadership		ITOs	Continues, with focus on new qualification development
PBRF		universities, ITPs, wānanga, PTEs	Continues
Priorities for Focus		universities, ITPs, wānanga	Ends 31 December 2010
	Academic Migrant grant	universities, ITPs	Ends 31 December 2010
	Refugee Study grant	universities, ITPs	Ends 31 December 2010
Supporting Change		ITPs, wānanga	Ends 31 December 2010
Encouraging and Supporting Innovation		universities, ITPs, wānanga, ITOs, PTEs	Ends 31 December 2010

2010

In 2010 TEOC funding was agreed through the Investment Plan. Delivery of the Plan is monitored by us.

Any TEO that receives TEOC funding must abide by a number of rules and conditions, including ones that relate solely to the element of funding received.

The total amount of TEOC funding available is determined via the government’s Budget process.

Access to TEOC funding is considered in accordance with government policy (as directed by the Minister’s determination under section 159L of the Education Act 1989) the Tertiary Education Strategy and in response to performance.