T-levels are a fantastic new qualification, designed with leading employers to provide students with the best possible introduction to the world of work. We have provided a comprehensive package of support and investment to help trailblazing providers get ready to deliver. For example, we have made a total of £268 million in capital funding available for T-levels starting in 2020, 2021 and 2022, with £50 million-worth of projects having already been approved for providers delivering from this September and another £50 million-worth of projects for providers delivering from 2022. Additional revenue of £500 million per year will fund the extra T-level hours available, once fully rolled out, and we have also invested £23 million in T-level professional development to help teachers and leaders prepare for the delivery of T-levels.
I thank the Minister for her answer. I am proud that Truro and Penwith College in my constituency has been one of the first colleges to embrace the roll-out of the T-level courses. However, despite the successes of the first year, there is a need for greater flexibility—for example, with the 45 days of work placements in a part of the county where there is currently insufficient industry. Will the Minister agree to meet me and Martin Tucker, the principal of Truro and Penwith, to discuss how we can address that for the future?
We are very grateful to Truro and Penwith College and all the trailblazing colleges that have pioneered T-levels. They launched T-levels in the middle of a global pandemic, and they have done an amazing job in getting the new qualifications launched. We have been implementing flexible models and approaches to make sure that we can deliver the work placements and that they are deliverable across all industries. Through the capacity and delivery fund, we have allocated nearly £165 million to providers to help them establish the infrastructure and resources they need to deliver industry placements. This will be a culture change: our businesses need to work with our education sector as well as the education sector working with businesses. We have also put in place a £1,000 per place incentive. Of course, I would be very happy to meet my hon. Friend.