Closing the Green Skills Gap: A Training Solution
Over the next few weeks, FE providers nationally will be working on project plans using the Local Skills Improvement Fund (LSIF) that has been recently…
Local Skills Improvement Fund (LSIF)
The local skills improvement fund ( LSIF ) is designed to enable further education ( FE ) providers across a geographic area to respond collectively to the priorities in the local skills improvement plans (LSIPs).
Why is LSIF important?
The LSIF supports the reforms introduced in the Skills for Jobs White Paper, providing investment in the technical skills system to better support the needs of the local labour market and wider economy.
When is LSIF available?
The LSIF is available across 2 financial years:
- £80 million in 2023 to 2024 (£40 million revenue and £40 million capital)
- £85 million capital in 2024 to 2025
What will LSIF do?
- provide investment in new facilities and equipment
- fund the delivery and development of new courses and curriculum
- support excellence in college leadership, governance and teaching to create a sustainable approach to addressing local skill needs, particularly at levels 3 to 5
£165 million fund launched to transform Local Skills Improvement Fund (LSIF)
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