The Department for Education has launched a new £17 million fund to support the growth and development of academy trusts across England.
The Trust Capacity Fund has four strands; each with its own eligibility criteria.
- Supporting strong multi-academy trusts (MATs) to grow and innovate in areas of long-standing need.
- Encouraging strong trusts to grow by converting and improving weaker maintained schools, or adding vulnerable academies to their trust and improving them.
- Accelerating the development of mid-sized trusts with the potential to be strong.
- Creating new strong trusts, either by single-academy trusts (SATs) joining larger trusts, or by supporting the growth of existing trusts via mergers, or priority projects identified by RSCs.
Funding of up to £310,000 is available depending on which strands schools apply under.
Applicants must also submit an application for growth to their RSC for discussion at Headteacher Board (HTB) as part of their bid.
The closing date for applications is the 31st December 2019.