The Investment Round Roadmap provides an outline of the major milestones to occur during the 2020 Investment Round.

Please note that the timeline graphic and table below have been revised on 10 June. These changes reflect adjustments to Plan timeline due to the impacts of COVID-19.

• Investment Round Roadmap (PDF, 562 Kb)
• 2020 Investment Round Timeline graphic (PDF, 735 Kb)

These products describe what Investment Plans have to cover and our approach to decision-making.

More information is available in the Supplementary Plan Guidance June 2020 (PDF, 1.2 Mb) regarding how we have reconsidered our decision-making in response to Budget 2020 and the impacts of COVID-19.

Please refer to Further information on Adult and Community Education (ACE) 2021 (PDF, 8 Kb) regarding ACE funding.

Plan content and assessment criteria

The TEC sets criteria for the content of Investment Plans, Plan summaries, the submission process and timetable, and how Plans will be assessed. These are published in the New Zealand Gazette.

Due to the Reform of Vocational Education (RoVE), for the 2020 Plan round there are two notices published in the New Zealand Gazette: one for all other TEOs and one for NZIST. You can access the Gazette notices below.    

Plan Gazette notice 2020

Plan Gazette notice 2020 for NZIST  

We have also re-gazetted the changes in timeline to the Plan Gazette notice 2020, the new timeline can be accessed below:

Notice of Change to Plan Gazette Notice 2020

We take a holistic approach when assessing Plans. We assess the extent to which a TEO’s proposed Plan will contribute to achieving Government strategic priorities and learner success outcomes, and will address regional and national need. We also consider a TEO’s capability to deliver on its proposed Plan while making assessments.

Information on the Government’s priorities are outlined in the Tertiary Education Strategy (TES), Plan Guidance, Investment Briefs (listed below) and other strategic documents.

Investment Briefs

The Investment Briefs are a summary of our objectives and what we want to achieve across particular areas of provision. 

All existing briefs have been updated for the 2020 Plan round with new data and information where it is available. There is also a new Investment Brief for the Food and Fibres Sector which replaces the previously published Focus Area Brief.

Investment Briefs

Student Achievement Component (SAC) Investment Briefs

• Infosheet: SAC Investment Briefs (PDF, 640 Kb)
• SAC levels 1-3 Investment Brief (PDF, 942 Kb)
• SAC levels 4-7 (non-degree) Investment Brief (PDF, 1.1 Mb)
• SAC level 7 (degree) Investment Brief (PDF, 1.1 Mb)

Industry Training Fund (ITF) Investment Briefs

• Infosheet: ITF Investment Briefs (PDF, 860 Kb)
• ITF levels 1-2 Investment Brief (PDF, 953 Kb)
• ITF levels 3-4 Investment Brief (PDF, 948 Kb)
• ITF levels 5-7 Investment Brief (PDF, 957 Kb)
• New Zealand Apprenticeship Investment Brief (PDF, 954 Kb)

Construction Investment Brief

• Construction Investment Brief (PDF, 845 Kb) 

Secondary Initial Teacher Education Brief

• Secondary Initial Teacher Education (ITE) (PDF, 888 Kb)

Food and Fibre Sectors Investment Brief

• Food and Fibre Sector Investment Brief (PDF, 790 Kb)

Ōritetanga Learner Success

We want a tertiary education system that supports all New Zealanders to set and achieve tertiary and career goals that will deliver good outcomes for them and for the country.

A transformational change in approach and performance is required if Māori and Pacific learners are to participate and achieve at all levels of tertiary education on par with other learners.

Infosheet– Learner Success Framework (PDF, 944 Kb) provides background information about the TEC’s Ōritetanga Learner Success work to ensure success for all learners.

Reform of Vocational Education (RoVE)

The documents provided above in this section generally do not specifically address the impacts that the RoVE has on the sector. Separate information will be provided on how TEOs impacted by the RoVE will be engaged with over the 2020 Plan round.  

When we assess your Investment Plan, we will look for evidence that you have used multiple sources of information and data to build up a robust picture of your performance and of your stakeholder needs. 

Our Ngā Kete products will support you to develop your Investment Plans. Our products will help you analyse and understand your delivery and performance in context as you draft your Investment Plans. They also provide supporting evidence for final Plan submissions. 

We publish and regularly update our Ngā Kete information products so that it is easier for you to explore data about tertiary provision, performance, secondary-to-tertiary transitions, and post study outcomes. You can also access your commitments, your funding conditions, allocations, and payments via Ngā Kete

The infosheet below outlines what each Ngā Kete product can do to help you develop and finalise your Investment Plan, and links to more detail about how to use each product.

            Infosheet Ngā Kete information products (PDF, 1.1 Mb)

Student Voice full report 

Please also see the Student Voice in Tertiary Education Settings: Practice Examples. This document provides guidance for TEOs on ways to engage with students.

When assessing your Investment Plan, we will look at what programmes you plan to deliver, and how well your proposed Plan will help provide the knowledge and skills that are in demand.

The infosheet below provides key links to information on labour market, skills and regional economic growth in New Zealand. This information may be helpful when developing your Investment Plan.

It is worth noting that information currently included in most of these links was developed before the COVID-19 pandemic. We suggest you take the date of publication into account when considering these resources.

Please also refer to the Supplementary Plan Guidance published in June 2020 for the latest information on TEC’s investment priorities for 2021-2023.

Infosheet: where to find labour market, skills and economic growth information to assist with Investment Plans (PDF, 661 Kb)

Many of the templates you require for drafting and submitting your Plan are available in Workspace2 (for example a Mix of Provision (MoP) templates). Please refer to the table below for other relevant templates.

Changes to your indicative allocations

Your indicative allocation reflects our published methodologies for each fund.  For many funds, any previous under-delivery in 2019 will have led to a reduced allocation for 2021. Some TEOs have received an indicative reduction to their allocations due to poor educational performance and/or areas of delivery impacted by Covid-19. If you wish to discuss how the methodology for a fund determined your organisation’s indicative funding allocation amount, please contact us at customerservice@tec.govt.nz with the subject heading “[INSERT YOUR EDUMIS#] How was my indicative allocation calculated?”

If you would like to request a reduction to your indicative funding allocation amount, please contact us at customerservice@tec.govt.nz with the subject heading “[INSERT YOUR EDUMIS#] Request reduction to 2021 funding”.

Seeking funding greater than your indicative allocation

If you would like to request funding greater than your indicative allocation, a new Additional Funding Request template will be available. We will only consider requests made using this template, and it must be submitted on the due date for your Plan documentation. The template and guidance on how to use it will be uploaded to our website as soon as they are available.

For more information about the Investment round, please contact your Relationship Manager or call our Customer Contact Group on 0800 601 301