Previously Investment Plan Guidance has been released in December for the next investment round. However, we understand that the timing of this is not ideal so close to the Christmas and New Year period as most TEOs are shutting down.

After reviewing website traffic we found that most TEOs do not access this guidance until February when other guidance is released such as the Investment Toolkit. Therefore for investment in 2023 we have decided to release the Investment Plan Guidance in February 2022 with some general information available in December.

Releasing the Investment Plan Guidance in February 2022 will allow TEC to provide more information of value to TEOs on changes from the Reform of Vocational Education, such as the Unified Funding System.

TEC will be releasing general information in December 2021 to give TEOs an idea of what to expect for investment in 2023. This information will highlight the context for 2023 and any differences from the last investment round along with any new information we will be looking for.

If you have any questions about this change please contact your Relationship Manager or Relationship Advisor for more information.