The new funding, announced by Chancellor George Osborne in the Autumn Statement, covers 2015-16, doubling the money available through this scheme, which is aimed at supporting the creation of new childcare places.
Osborne said in October that he was considering boosting the Childcare Business Grant scheme as part of a drive to increase female employment.
The grant scheme offers £250 to new childminders and £500 for nursery start-ups or for those providing childcare for disabled children. From 1 September, those launching childminding agencies have also been eligible to apply.
The deadline for applications for the initial fund of £2m is 31 December 2014. The Government said recently that £1m has been allocated so far to 4.500 entrepreneurs, which it claimed had supported 29,000 new childcare places.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here