Waterford Institute of Technology gets over €2m to upskill local workers
Waterford Institute of Technology (WIT) has been awarded €2,122,790 in fundung to provide free and subsidised higher education places for people looking to upskill or reskill.
The funding was announced by local Senator John Cummins. He said it is part of a national initiative that will see almost 17,000 new places will be made available to people seeking to upskill or reskill.
Senator Cummins said: “As part of Springboard+ 2020, a total of 324 places are available across 16 courses at Waterford Institute of Technology, however participants are not tied to courses in their own locality with many courses provided via distance learning. Places are available on courses in a wide range of skills areas, including artificial intelligence, smart factory technology, sustainable energy, medical device technology and cybersecurity.
“Approval has also been given for courses under HCI Pillar 1 to run for three academic years from 2020/21 to 2022/23. At Waterford Institute of Technology, 75 further places will be available under this stream for a Postgraduate Diploma in Finance and Business Analytics.
“Fine Gael is committed to building a world-class education system from early years to Higher and Further Education, offering ladders of opportunity to people throughout their life.
“Higher and Further Education have been greatly affected by the Covid-19 crisis and we will support the sector through these challenges, to ensure that educational opportunities remain and are made more accessible to the people of Waterford. Under both streams Waterford Institute of Technology will receive €2,122,790 to provide the courses.”
Senator Cummins said the National Training Fund Advisory Group had considered the principles and priorities of the National Training Fund (NTF) “in light of the transformed economic and labour market landscape arising from COVID-19”.
These priorities include:
- The need for an immediate focus on providing relevant skills for those affected by the crisis underpinning their employability and access into sustainable and quality employment;
- The need for focused and agile programmes consistent with the current priorities for skills provision.
Senator Cummins (pictured below) added: “To enable a skills-focused response to employment issues arising from the Covid-19 crisis, €10 million has been repurposed from HCI Pillar 3 to provide extra funding for upskilling and reskilling courses under Springboard+ and HCI Pillar 1.
“Courses are in areas that have been deemed by Government as being of critical importance: digital skills, soft skills, management and leadership, and the workplace of the future.”
Candidates who wish to participate in Springboard+ 2020 or HCI pillar 1 courses will find full details on the approved courses on the dedicated information and applications website: http://www.springboardcourses.ie