Microcredentials Marketplace

Overview

The Australian Government is inviting organisations via a restricted process to apply to deliver services under the Microcredentials Marketplace grant opportunity in the Higher Education area that will run over 3 years from 2020–21 to 2022–23.  The grant opportunity will establish and develop the Microcredentials Marketplace (the Marketplace) that will be a nationally consistent platform for students to compare short courses and credit point value. The Marketplace will also show arrangements for recognition of microcredentials across higher education institutions that will support student decision-making and help students understand how they can stack short-courses and credentials to build credit value and contribute to a larger qualification or skill set. Cross-recognition of microcredential courses will help providers compare their offerings and encourage further development and delivery of education programs and content. The Marketplace will support and complement the National Credentials Platform (NCP), an online platform that will provide students with a comprehensive, accredited and secure source to compile, display and share their Australian Qualifications Framework (AQF) qualifications. This platform will support the transition between education and employment and streamline recruitment processes by allowing graduates to share their verified education records with prospective employers to showcase their achievements.