The new Industrial Technology Training Centre is expected to create 205 places for 16-19 year olds.
The government wants pupils to take courses like AI and manufacturing which are linked to local jobs.
The prime minister's plans for technical education have their roots in the Manchester Baccalaureate.
Firms have to balance hi-tech and age-old skills when training up young workers.
The government announces more than £5m for courses and apprenticeships in the South West.
The college is refurbishing a former university campus to meet the demand for places.
Ministers say "bold reforms" for post-16 students will end snobbery and prepare students for work.
Politicians call for more to be done to improve lifelong learning opportunities locally.
The combined authority has pledged to work with colleges and firms to make more placements available.
