Institute of Coding launches multi-million pound digital skills fund
The acclaimed Institute of Coding has launched a new fund to help tackle the digital skills crisis. The new fund promises to drive the creation of high quality STEM courses for the next generation of graduates.
The Institute of Coding (IoC), the organisation announced by UK Prime Minister Theresa May, has just launched a new £2.3million fighting fund for groups to help reduce the digital skills gap.
The new fund provided by the Office for Students will be allocated to between five and ten successful bidding groups, all of which must propose clear plans to improve access to digital skills education, enhance graduate employability and employment outcomes, and address identified skills needs.
Groups applying for the fund must include at least one higher education provider with existing course provision in computer science or information technology and at least one industry partner. Bids can include industry partners, other higher education providers, other employers, business partners and professional or outreach organisations. Key areas of focus for the fund are innovative approaches to digital skills education in areas of national need so that graduates can learn to apply subject-specific skills to current industry challenges. Other key areas include supporting the development of broader employability skills, transition into work and engaging employers actively in curriculum design to ensure its alignment with the industry as well as encouraging more women and ethnic minority students into the digital sector.
Sheila Flavell, Chair, IOC Industry Advisory Board says, “This new fund provides an exciting opportunity for the creation of high quality STEM courses for the next generation of graduates. At a time when the UK’s digital industry is playing such a vital role in economic growth and job creation, it’s absolutely critical that we extend access to technical education to as many young people as possible, from all walks of life.”
Dr Rachid Hourizi, director, Institute of Coding added, “Gaining access to high quality education and training is absolutely critical to tackling the UK’s digital skills shortfall. The IoC’s new fund will enable academic institutions and industry organisations to work together, developing cutting edge education to promote digital excellence and improve the technical skills for a new generation of workers. This initiative is the latest in a wide array of activity from the IoC to launch new services and spread digital skills across the country.”
The deadline for proposals is noon on Monday 26th November 2018. The funding allocated is to be spent between 31st January 2019 and 31st January 2020. No extension will be given to this end date.
The first town hall meeting organised in partnership with CPHC, to discuss the detail of the fund and application process will take place on 5th September 2018 at UCL University, with a further meeting on 16th October 2018 at Manchester Metropolitan University. The Institute of Coding is a £20million government investment funded through the Office for Students and is match funded from investment through partners.
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