Institute of Technology (IoT) Bid Announcement

On behalf of the regional IOT steering group, Swindon College is delighted to announce that we have been successful in the £21 million bid for the Government backed Institute of Technology.

 Steve Wain, Principal stated:
“We are absolutely delighted to receive this news.  I would like to congratulate and thank all those colleagues and anchor partners who worked so hard in supporting, preparing and delivering the applications as part of the bid and for making this such a success.  
We were in fierce competition with 130 Colleges at the start of the process and through the bid stages we progressed to the final interview stage and are one of only 12 winning groups.
Today’s news is incredibly positive. This is a significant development and the £21 million investment will allow us to train over 1000 students and apprentices in higher level STEM based subjects. 
The project is crucial in helping to support the vision and continued focus on developing opportunities and growth for Swindon, Wiltshire and Gloucestershire. 
Timings for the project are being reviewed to enable us to work with the Department for Education to ensure that as a College, we are able to show our success in delivering demonstrable improvements since the last inspection by OFSTED. We are provisionally planning for the IOT to open in 2021.  The capital investment will lead to a significant upgrade at the North Star site in Swindon and also at Cirencester College, developing a state of the art building and facilities.

The centre and partners will focus on developing high level technical training and progression opportunities providing a focussed approach to providing a skilled workforce for employers in the area.
Business anchor partners who collaborated as part of the bid process and who were instrumental in the success of the business reacted positively -

Rob Wheeler, Nationwide Building Society  “This is fantastic news for our home town, especially given the recent news regarding Honda.  The Institute of Technology will provide a long term focus on growing the critical skills which Nationwide and local employers need, whilst helping regenerate Swindon.”
Award-winning Excalibur Communications also commented on the news  ‘We are delighted that Swindon will now be getting the investment in relevant higher education that it needs. This was a great example of businesses – both large and small - working with the education sector and developing a solution that will make a profound difference to the Swindon population and economy”.

Shahina Johnson, CEO & Artistic Director of Create Studios said,
“The team at Create Studios are celebrating 35 years of production and talent development this year, recognised in our National Portfolio status by Arts Council England.
As an IOT Employer Partner we are delighted to contribute to the success of the Swindon/Wilts/Glos IOT initiative. With Digital Creative technology growing at twice the rate of any other sector and worth over 100 billion a year, it is both exciting and important that we grow the talent to benefit our region in this sector, alongside more established technologies .
Congratulations to all the partners, and we look forward to collaborating on a great IOT success for Swindon. “
On receiving the news, Carole Kitching Principal and CEO, New College Swindon said  “New College is delighted to be an anchor partner in the development of Swindon’s Institute of Technology. This is great news for Swindon and the wider region with the Institute set to become a beacon for higher level technical skills training and development, a real partnership of businesses with education providers”

“University of Gloucestershire Vice-Chancellor, Stephen Marston, said:  “Winning the IoT for Swindon is brilliant news for students, businesses and the whole community.  The University of Gloucestershire is delighted to be the anchor University for the Institute.  Working with our partners, we are committed to delivering a step-change in the availability of high quality professional and technical education in advanced manufacturing and engineering, life sciences, digital technologies and creative media.  This will be great for businesses, meeting their needs for higher level skills to drive future innovation and productivity.  It will be great for students who can achieve valuable qualifications all the way through to undergraduate and Masters level, through apprenticeships or stand-alone programmes, giving them a great platform for developing their careers.  And all delivered from state of the art new facilities in Swindon.”