Posted on 22nd February 2016
Category: NewsThe future of the Childcare New Business Grant Scheme is currently under review. While this review takes place, the current scheme will remain open to new applications up to and including the 31st March 2016.
Claimants accepted to the scheme will have until the 17th June 2016 to submit a valid, Ofsted or CMA certificate to enable the grant payment to be made.
Application will be accepted for new business and new businesses who are operating within the 1st 12 months since the receipt of their Ofsted or CMA certificate.
Childcare Business Grants Scheme
The Childcare New 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:
• £500 for new childminding businesses setting up in England (those who are looking after one or more children to whom they are not related, on domestic premises, for reward and for a total of more than 2 hours in any day);
• £1000 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);
• £1000 for new nursery, out of school club, or childcare on domestic premises setting up in England.