The new Childcare Business Grants Scheme has been introduced to boost the provision of childcare in England and to incentivise entrepreneurship. It will encourage and support the starting up of new childcare businesses by providing a flat rate start-up grant of:
• £250 for new childminding businesses setting up in England (those who are looking after one or more children under the age of 8 years, to whom they are not related, on domestic premises, for reward and for a total of more than 2 hours in any day);
• £500 for new childminding businesses, as above, that will provide care for disabled children (applicants will need to demonstrate that they have incurred additional expenditure in setting up their business as a result of this);
• £500 for new nursery, out of school club, or childcare on domestic premises setting up in England.
|NOTE: THESE GRANTS ARE TO SUPPORT THE ESTABLISHMENT OF NEW CHILDCARE BUSINESSES.
IF YOU ARE ALREADY RUNNING A CHILDCARE BUSINESS OF ANY SORT, YOU ARE NOT ELIGIBLE FOR A GRANT, EVEN IF YOU INTEND TO USE THE GRANT TO START A NEW NURSERY ON NEW PREMISES.
Applications will only be accepted from claimants who can demonstrate their intent to start a new childcare business.
The scheme has been funded for one year with a fixed budget of £2 million. Should the funding be over-subscribed before March 2014 the scheme will terminate at the point where the scheme funds have been exhausted.
|Childcare Business Grants Scheme
PO Box 894
Tel: 0844 2642546