ITO Strategic Leadership Fund

ITO Strategic Leadership Fund

Last updated 1 November 2016
Last updated 11/01/2016

The purpose of the Industry Training Organisation (ITO) Strategic Leadership Fund is to support the development of new qualifications on the New Zealand Qualifications Framework (NZQF) that reflect industry need.

Who applies:  ITOs

Agreed through:  Investment Plan (on Plan)

The ITO Strategic Leadership Fund comprises $1 million annually.

Refer to the Industry Training Fund funding mechanism for detail on the components of the ITO Strategic Leadership Fund.

Eligibility for funding from the ITO Strategic Leadership Fund

Funding from the ITO Strategic Leadership Fund is available to an ITO that is fully or provisionally recognised by the Minister under section 5 or 8 of the Industry Training Act 1992.

Proposals for funding must demonstrate that:

  • the funding will be used to develop a qualification or qualifications on the NZQF for which the ITO does not intend to manage the training arrangement itself
  • there is industry support for the development of the qualification or qualifications
  • the ITO has established collaborative arrangements with providers willing to deliver the qualification or qualifications.

An ITO that receives funding from the ITO Strategic Leadership Fund is required to:

  • comply with the requirements of the Education Act 1989, and
  • comply with the funding conditions specified in the ITO’s Investment Plan funding approval letter.