Region’s colleges collaborate to boost local economy

Colleges across the Sheffield City Region are working together to provide education and skills training and boost the economic growth of the areas.

Barnsley College, Chesterfield College, Dearne Valley College, Doncaster College, North Nottinghamshire College, Northern College, Rotherham College of Arts and Technology and The Sheffield College are working together as the Sheffield City Region’s Further Education Providers alongside the region’s Local Enterprise Partnership (LEP). LEPs are voluntary partnerships between local authorities and businesses set up in 2011 by the Department for Business, Innovation and Skills to help determine local economic priorities and lead economic growth and job creation within the local area.

Principals from all the colleges met at Barnsley College on Friday 25 September to sign a Memorandum of Understanding outlining how the partnership will work.

Martin Harrison, chair of the Sheffield City Region Further Education Providers group, said: “The LEP Growth Plan sets out the region’s intention to transform the local economy over the next decade and at the heart of this plan is the creation of 70,000 new private sector jobs and 6,000 new businesses. The key areas for growth include advanced manufacturing, construction, financial and business services and sport, leisure and tourism. The region’s colleges have committed to working together to play a leading role in the development of the skills needed to underpin growth in these sectors. Each college has its own unique resources and competences that can be used to meet the group’s objectives and signing the Memorandum of Understanding is a real positive step in working in collaboration.”

Christopher Webb, Chief Executive and Principal of Barnsley College, added: “We were very pleased to host this meeting of the Sheffield City Region Colleges here in Barnsley and are looking forward to continuing to work in collaboration with our fellow colleges to help boost opportunities for people in the region.”
Sheffield City Region colleges add value to the region in a variety of ways. On average, learners at the Sheffield City Region Colleges will receive a cumulative £6.20 in higher future earnings for every £1 invested in the member colleges (i.e., in the form of tuition fees and forgone time and earnings). The skills and qualifications acquired by former learners of the Sheffield City Region Colleges bolster the Sheffield City Region’s economy by increasing employer outputs and adding around £1.6 billion in income to the regional economy per year. Society will receive £5.80 in return for every £1 invested in the Sheffield City Region Colleges. The average annual return on investment is 18.2%.

Last updated: 25th September 2015

Originally posted on: 25th September 2015