Loughborough University will offer postgraduate education while Hackney Community College will establish its new digital apprenticeship programme at iCITY.
Torbay's share, which followed a bid by Torbay Development Agency, will support the development of start-up businesses, social enterprises and an apprenticeship scheme and a new cycle route around Cockington.
Meanwhile, Rangers fans who question the inexperience of their new manager should reflect that he has attended to his apprenticeship a bit more diligently than Neil Lennon.
"I'm privileged to have been given the opportunity under the new ownership to return to the club where I served my managerial apprenticeship, " said Dowie.
He spent a few years as a teacher before deciding to pursue a career as a tattoo artist with an apprenticeship at Cort's Royal Ink Tattoo Studio in Patchogue, New York.
While there's no shortage of protean young improvisers in New York, Shaw benefits from an increasingly rare commodity: a real-world apprenticeship with a master musician.