Local Conservatives have welcomed almost £490 million in extra funding from the Conservative Government to boost skills training across the country, including £3,7728,790 to upgrade the University of Bolton with new state of the art facilities.
The University of Bolton is one of 100 colleges and universities across England that will receive a share of £432 million to invest in new facilities and equipment over the next three years to level up opportunities for people to gain the skills they need to fulfil their potential.
This new investment will upgrade and improve university and college facilities with state of the art medical suites and cutting edge engineering and science labs, to provide better teaching for students in critical subjects and making sure businesses have access to the skilled workers they need.
Successful colleges and universities have demonstrated they offer value for money, effective project management and environmental sustainability and deliver high cost subjects of strategic importance to the country. Subjects that will benefit include technology, engineering, medicine, dentistry, nursing, and midwifery.
The Conservative Government has also announced it is awarding £57 million in extra funding to 20 higher education providers specialising in areas including science, agriculture, business and the arts for 2022–2023.
The funding will support internationally recognised providers to deliver a wider range of high quality specialist courses in cancer research, public health and tropical diseases, helping to create new industries and techniques to protect and grow our economy into the future.
Cllr Martyn Cox, Leader of Bolton Council, said:
“I am determined to equip our students with the knowledge they need to tackle climate change, develop vaccines, grow our economy, and maintain our place as a scientific superpower.
“That is why I welcome almost £490 million in extra funding from the Conservative Government to boost skills training across the country and £3,7728,790 to upgrade the University of Bolton with new state of the art facilities.
“This investment will provide better teaching for students in critical subjects, making sure businesses have access to the skilled workers they need to grow our economy into the future.”
Commenting, the Prime Minister, Rishi Sunak, said:
“Investing in education and skills will unlock future growth, boost productivity and help build the skilled workforce of the future.
“That’s why we’re spending £490 million to support high-quality teaching and world class facilities in universities and colleges right across the country.
“Whether it’s in aerospace engineering or green tech, this funding will provide young people with the support they need to build a great career.”
Commenting, Education Secretary Gillian Keegan said:
“This investment is about making sure students get the highest quality training in key subjects which are driving economic growth. That means access to top of the range facilities which prepare people for the workplace, filling skills gaps and levelling up the whole country.
“From Yeovil to Durham, we are backing the industries of the future and giving people the skills they need to succeed.”
