Q What is the Transformation Fund?
A The Transformation Fund is worth 250m. It was made available from April this year and will last until August 2008. It consists of four elements:
* A recruitment incentive of 3,000 in each year for private, voluntary and independent (PVI) full daycare settings to take on a graduate
* A quality premium of 5,000. This is only available to settings already employing someone with a Level 5 or 6 qualification, though the premium can be spent on training for other staff too
* Money for training staff to Level 3 and above
* Funds for disability and special educational needs training.
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