Childcare Business Grants Scheme for New Childminders in England
The Childcare Business Grants Scheme was introduced to boost the provision of childcare in England and to incentivise entrepreneurship. It encourages and supports the starting up of new childcare businesses by providing a flat rate start-up grant.
Those intending to set up a new childcare business can apply to the scheme to:
obtain financial support to help with the costs of getting trained and registered;
access a business mentor, to provide support and advice during the business start-up phase; and
access business advice tailored to the childcare sector.
From April 2018 the sponsor will be retaining the higher level of award (£1,000) for childminders who care for children with SEN/D and for new Childminder Agencies (CMAs), and introducing two tiers of general award:
a universal award of £300 for new childminders across England;
a locality supplement of £200 to the universal award, providing a total grant of £500. This will be paid to new childminders within certain local authorities (LA) where there are low numbers of childminders, and the LA has been highlighted as facing challenges around rurality and disadvantage.
All costs incurred for the set-up of a business will be considered as eligible. These include:
Public liability insurance.
House or commercial building insurance cover.
The scheme is open to newly-registered early years childminders, childcare providers on domestic premises and Childminder Agencies (CMAs) in England.
Funding is demand-led and the scheme operates on a first come, first served basis.