This scheme is intended to reimburse you for the costs of setting up your childcare business. The scheme is only open to newly registered businesses. From 1 May 2017 a newly registered business is one that has been registered with Ofsted or a CMA within the last 3 months.
There are three types of grants available.
- A £500 grant for an early years childminder or childcare provider on domestic premises
- A £1,000 grant for an early years childminder or childcare provider on domestic premises of children with special educational needs and disability (SEN/D)
- A £1,000 grant for a Childminder Agency (CMA).
Please note that from 1st May 2017 if you have been registered with Ofsted for longer than 3 months you are not eligible for a grant. This rule will be strictly upheld.
The Childcare Business Grants Scheme is funded by the Department for Education. There is a fixed amount of funding available. The scheme is due to end by 31 March 2018, or sooner if all funds have been exhausted.