‘The government has announced the breakdown of £80m funding it has dedicated to creating five new national colleges — with one for high speed rail scooping half the total amount.
Today’s announcement revealed that the National College for High Speed Rail, located in Birmingham and Doncaster, will receive £40m from the Department for Business, Innovation and Skills (BIS) for the construction of new buildings and equipment.
Skills Minister Nick Boles said the approved “national colleges have been designed with employers, for employers. They will produce the skills needed now and into the future to ensure the UK remains innovative and at the forefront of pioneering industry”.
The National College for Nuclear in Somerset and Cumbria will gain the second largest slice of the BIS funding — securing £15m for buildings and equipment, together with a further £3m from the South West LEP and £4.5m from Bridgwater College.
These new institutions for high speed rail and nuclear, along with the National College for Onshore Oil and Gas, in Blackpool, will open in September 2017.’ – FE Week