College secures funding for expansion
A NEW academy at a college in Scunthorpe will attract 300 students after securing funding to boost its future growth.
Barclays Corporate in Humberside have provided funding to North Lindsey College where work has already started on the STEM Academy.
The academy will enable the college to specialise in science, technology, engineering and mathematics and give learners the opportunity to mix and match A level provision in STEM subjects with vocational courses.
This development extends the college’s current provision of engineering and ICT.
Peter Doherty, newly appointed director of finance at North Lindsey College, said: “Barclays Corporate has been very supportive of our requirements and plays an integral part in our plans for future growth.
“With the new financial structure in place, we are now able to focus on further growth plans and expect to see an additional 300 students studying at the college over the next three years.”
The new STEM Academy, which will be ready for use in September, has been chosen as the preferred partner by the National STEM Centre based at York University out of 40 colleges in the Yorkshire and Humber region.
Barclays Corporate director Dan Wilson said: “Having a close relationship with North Lindsey College and having a thorough understanding of the educational sector has enabled us to structure a finance solution that fits well with the college’s strategic plans and we look forward to helping them expand and grow.”
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