With more parents working there is an increased need for childcare options. This new childcare business grant is on offer to assist in starting start up childcare services.
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