Lincolnshire Institute of Technology secures futher £2.5m investment

Mick Lochran

The Lincolnshire Institute of Technology has secured a further £2.5m investment from the second phase of the HigherTechnical Education Skills Injection fund after securing an initial £500,000 in the first round.

A sum of £1.5m will be allocated for cutting-edge equipment, while £1m will be to improve LIoT partners’ capacity to meet future employer and student needs, including training staff in emerging industry practices.

This will help individuals obtain important qualifications in sectors such as engineering, construction, manufacturing, health, science, agriculture, and environmental technologies.

Mick Lochran, director at Lincolnshire Institute of Technology, said: ”This additional funding couldn’t be more valuable to us. If Greater Lincolnshire is to tackle the country’s long-term productivity gap and train highly skilled professionals in modern industry needs, education providers must be able to invest in the latest technologies.

“That being said, our work can only continue to succeed if more employers are investing in their workforce to build the higher level skills of the future. We’d urge all firms within these industries to upskill and develop their employees. I’m very excited to see what the next few years hold for all of the partners of Lincolnshire Institute of Technology – it’s fantastic to be a driving force in upskilling our area.”.

Beneficiaries of the funding include Boston College, Grantham College & University Centre, Lincoln College, Riseholme College, University Campus North Lincolnshire (UCNL), and University Centre Grimsby, all part of LIoT.