The Island Innovation Trust is a non-profit investment trust

Trust

Trust may refer to:* Trust , reliance on another person or entity-Business and legal:* Trust law, an arrangement in which property is managed by one person or entity for the benefit of another...

 on the Isle of Wight

Isle of Wight

The Isle of Wight is a county and the largest island of England, located in the English Channel, on average about 2–4 miles off the south coast of the county of Hampshire, separated from the mainland by a strait called the Solent...

. It is the foundation trust which act as parent for the newly created Carisbrooke College

Carisbrooke College

Carisbrooke College is a trust-supported secondary school in Carisbrooke on the Isle of Wight, formerly Carisbrooke High School.-History:...

, Medina College and the Island Innovation VI Form Campus.

The island Innovation Trust has the following aim:
Its trust partners are Quay Arts, University of Portsmouth

University of Portsmouth

The University of Portsmouth is a university in Portsmouth, Hampshire, England. The University was ranked 60th out of 122 in The Sunday Times University Guide...

, Solo Agency and Promoters, Yokogawa Marex Limited, The Quarr Group and Isle of Wight Primary Care Trust

Isle of Wight Primary Care Trust

The Isle of Wight Primary Care Trust is the NHS primary care trust covering the Isle of Wight.The PCT also provides ambulance and community services from the island's only hospital, St Mary's.- See also :* St Mary's Hospital, Isle of Wight...

 (NHS Isle of Wight).

History

The Trust is founded in 2009 under the name of Medina Innovation Trust on 16 January 2009. After broadening its scope, it changed its name to Island Innovation Trust in December of the same year.

The trust was founded to help the Isle of Wight Council

Isle of Wight Council

The Isle of Wight Council is a local council. It is a unitary authority covering the Isle of Wight, South East England. It is currently made up of 40 seats, with the Conservatives as ruling party with 24 councillors at the latest local election in June 2009....

 with its reorganisation of the second level education on the island. Therefore it admitted proposals to establish two secondary schools in Newport

Newport, Isle of Wight

Newport is a civil parish and a county town of the Isle of Wight, an island off the south coast of England. Newport has a population of 23,957 according to the 2001 census...

 and Carisbrooke

Carisbrooke

Carisbrooke is a village on the south western outskirts of Newport, Isle of Wight. It is best known as the site of Carisbrooke Castle. It also has a medieval parish church. St. Mary's Church , began life as part of a Benedictine priory, established by French monks about 1150...

Both proposals were accepted and the schools opened their doors for students in September 2011.