Nursery World - Finance

Lynn Brydon is business and finance support officer at Sure Start Strategic Partnership Tyne & Wear (www.northtyneside.gov.uk)

As the Government encourages parents into work, there is a growing demand for childcare from students and those re-training. Tapping into this market and being aware of the financial support available for parents can help nursery owners improve occupancy figures. If you can develop links with your local colleges and promote the assistance available, then you are making a positive contribution to the well-being of your business. Forms of assistance include:

- Care to Learn

This helps with the cost of childcare and travel costs up to £160 per week for parents under 20 years old, when they start a publicly funded course. It can also pay for a deposit (up to £250) or registration fee (up to £80). Fees to retain a place during holiday periods can also be covered. Contact the helpline on 0845 600 2809 or your local Connexions Advisor via www.connexions-direct.com.

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