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Higher Education: Finance

Volume 499: debated on Wednesday 11 November 2009

To ask the Minister of State, Department for Business, Innovation and Skills what proportion of the Strategic Investment Fund he plans to allocate to skills training and higher education. (299104)

The Strategic Investment Fund is helping to deliver the Government's strategy as set out in the “Building Britain's Future - New Industry, New Jobs” framework document, published on 20 April, and will allow Government to support advanced industrial projects of strategic importance to the UK's economic renewal and growth.

While there are no plans to allocate money specifically to skills training and higher education, details of the projects where funding has already been allocated are set out in an interim report on the SIF which was published in October. Copies are available in the Library.