Simon Harris says he intends to explore the idea of a John Hume Memorial University.
The idea for a cross border college has been put forward by his Fine Gael colleague Colm Burke.
It would be based in Derry and serve the north and north-west.
Minister for Further and Higher Education Harris says it is an excellent idea and has potentially huge regional benefits.
Deputy Colm Burke says its time there was a greater collaboration between education facilities on both sides of the border and what better way than to honour John Hume in the process: