In line with our Manifesto commitment, we plan to invest up to £290 million of capital funding to establish 20 Institutes of Technology. This will enable every region in England to have a high quality Institute of Technology. Further to a 15 month competition, the first 12 Institutes of Technology are currently being rolled-out with access to £170 million of capital funding. An additional 8 Institutes of Technology will be selected through a further competition that will be launched later in the year. The competition will only be open to those areas that currently do not have an Institute.