Skills Funding Agency Overview Sample Clauses

Skills Funding Agency Overview. The Skills Funding Agency (the “Agency” or “SFA”) is a partner organisation of the Department for Business, Innovation and Skills (BIS) and directs and oversees the use of public funding to further education colleges and training organisations. This investment enables it to deliver the Government's aspirations for a skilled nation through implementing the policies set out in Investing in Skills for Sustainable Growth, (BIS, November 2010) and in New Challenges, New Chances (BIS, 2011). The Agency invests circa £3.6 billion of public funding annually to support over three million learners. The Education Funding Agency (EFA) is the DfE’s delivery agency for funding and compliance. The EFA provides revenue and capital funding for education for learners to the value of £52 billion p.a. The EFA currently use the funding and contracting service of the Agency to support their services.
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