Will the Minister outline how much funding has been provided to Cardiff University to establish the subsidiary company of the International Learning Exchange Programme?
Answered by Minister for Education and the Welsh Language | Answered on 23/07/2021
The Welsh Government has committed £65m over 5 years to fund the International Learning Exchange Programme. The budget to develop the programme is £1.5m with the remainder of the funding to cover programme delivery, its publicity and marketing and Global Wales scholarships. Cardiff University has received a first instalment of £6.5m.
As per a condition of the grant, a subsidiary - International Learning Exchange Programme Limited – was established on the 22 June 2021.