What is the Transformation Fund?
On 13 February 2006, Children’s Minister Beverley Hughes set out the next steps in delivering a world-class children’s workforce, including the development of an integrated qualifications framework.
She confirmed how a new Transformation Fund of £250m would be used to secure high quality early years provision through investment in a better qualified early years workforce, without compromising efforts to make childcare more affordable.
The Transformation Fund will:
- stimulate the supply of early years professionals through the development, delivery and accreditation of appropriate training routes, and by covering the costs of fees, bursaries, mentoring and supply cover
- provide a recruitment incentive for full daycare settings in the private and voluntary sectors to employ graduate professional leaders for the first time
- provide a quality premium for settings with an existing level 5 or 6 professional leader to support the training and development of non-graduate staff
- enable a higher proportion of the early years workforce to be trained to level 3 and above
- train more staff to work with disabled children and children with special educational needs
To find out how this is being implemented in Essex;
Essex EYDCP Transformation Fund Newsletter April 2007