The Graduate Leader Fund (GLF) has the potential to be a more dynamic funding stream than the under-spent £250m Transformation Fund which it supersedes. But it will still rely on local authorities being responsive to the needs of local providers.
The £305m GLF - made up of £232m for settings, channelled through local authorities, and £73m for the Children's Workforce Development Council to deliver Early Years Professionals - represents a long-term commitment to introducing more graduate leadership in the PVI sector. To address concerns about sustainability, the Government has given what it calls an 'in-principle' commitment to making funding available until 2015, covering the next two spending review periods.
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