The Technical and Vocational Education and Training (TVET) Funding Board is established under section 48 (I) of the TVET Act No. 29 of 2013. The main function of the Board shall be to manage the TVET Fund whose object and purpose is to finance technical and vocation education institutions. For that purpose the Board shall disburse funds to institutions in accordance with criteria prescribed by the Cabinet Secretary, taking into account the respective institution’s output, efficiency and ...