What is the Transformation Fund?
The Government has allocated 250m to the Transformation Fund to be spent between April 2006 and August 2008 to support the development of quality in early years settings. It is a separate, ring-fenced revenue funding strand within the General Sure Start Grant (GSSG). It is being introduced initially as a two-year investigation into approaches to workforce development in the early years sector and to understand better what works in order to inform future policy. What happens to the Transformation Fund after 2008 will be decided by the 2007 comprehensive spending review.
The fund will be spent on the following priorities:
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