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Last year, the Department for Education & Skills announced a reorganisation of the higher education sector that included the creation of Technological Universities. This was followed by a draft General Scheme of the Technological Universities Bill 2014 which Ibec and a number of its key sector bodies have provided a submission to. The proposed technological university offers considerable scope to improve how business and education institutions work together on a range of issues, including the development of more ‘work-ready’ graduates, the provision of employee education and training, more effective knowledge transfer, and a structure that acknowledges the importance of close-to-market research and the availability of consulting/problem-solving services. The success of the new technological universities will be judged by their contribution to growth and employment. It is vital that the technological universities equip students with the skills needed in the jobs market and work with business to bring the learning experience closer to the world of work.