Source: Tertiary Education Commission
Last updated 27 April 2023
Last updated 27 April 2023
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The Private Training Establishment (PTE) Strategic Fund is a key part of the strategic component of the Unified Funding System (UFS). It seeks to address national and regional skills needs and support programme development and maintenance.
The Private Training Establishment (PTE) Strategic Fund is a key part of the strategic component of the Unified Funding System (UFS). It seeks to address national and regional skills needs and support programme development and maintenance.
The PTE Strategic Fund uses an open, contestable process to select proposals that will enable the vocational education system to best serve learner needs and adapt to ongoing and future challenges. The funding is through two elements of the strategic component:
National and Regional Skills Priorities (NRSP) funding supports PTEs to respond to national and regional skills priorities, and is informed by advice from Workforce Development Councils and Regional Skills Leadership Groups.
The Programme Development and Maintenance Fund (PDMF) supports programme development and/or maintenance aligned with the government’s Reform of Vocational Education objectives.
Find out more about successful applications from the 2023 funding round:
TEC awards $13 million strategic funding to 69 PTEs for vocational education initiatives
