Colleges urged to seek partners

April 4, 1997

FURTHER education colleges hold the key to attracting foreign companies to the United Kingdom and should join local and regional partnerships to boost inward investment, according to business experts.

The Invest in Britain Bureau, which promotes inward investment at home and abroad, says that most overseas companies want to be sure that they are investing in areas which have strong and sustainable skills bases.

The IBB says that FE colleges, the biggest providers of vocational and professional training in the country, play a crucial role in investment decisions.

Peter McDermott, of the IBB, said: "Without the efforts of the FE sector, much of the promotion of the UK as a foreign direct investment destination would be a waste."

Mr McDermott spoke at a seminar organised by the Further Education Development Agency to help colleges develop local regional partnerships with training and enterprise councils and local companies. FEDA says that such partnerships have proved valuable in attracting foreign investment.

Money is available to colleges through the Government's competitiveness fund to help them set up local and regional partnership projects. FEDA is also to conduct the first ever audit of colleges' business and industry links. A pilot project will be held later this year.

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments

Most Commented

James Fryer illustration (27 July 2017)

It is not Luddism to be cautious about destroying an academic publishing industry that has served us well, says Marilyn Deegan

Jeffrey Beall, associate professor and librarian at the University of Colorado Denver

Creator of controversial predatory journals blacklist says some peers are failing to warn of dangers of disreputable publishers

Hand squeezing stress ball
Working 55 hours per week, the loss of research periods, slashed pensions, increased bureaucracy, tiny budgets and declining standards have finally forced Michael Edwards out
Kayaker and jet skiiers

Nazima Kadir’s social circle reveals a range of alternative careers for would-be scholars, and often with better rewards than academia

hole in ground

‘Drastic action’ required to fix multibillion-pound shortfall in Universities Superannuation Scheme, expert warns