Nursery World - New nursery cash found for capital

Four more Neighbourhood Nurseries will be set up in London with funding soon to be announced by mayor Ken Livingstone, the London Development Agency (LDA) said last week. The money is the second of three tranches of 3m in gap funding from the LDA, which has already stepped in to enable the launch of more than 30 Neighbourhood Nurseries that originally looked like they would never get off the ground. It comes in addition to Pounds 4m which the LDA is investing this year to increase childcare places across the city.

The money is the second of three tranches of 3m in gap funding from the LDA, which has already stepped in to enable the launch of more than 30 Neighbourhood Nurseries that originally looked like they would never get off the ground. It comes in addition to 4m which the LDA is investing this year to increase childcare places across the city.

Denise Freeland, the LDA's senior childcare manager, said, 'Without this funding many of the nurseries could not open, despite New Opportunities Fund capital, due to the high cost of land and building work in London.'

Ms Freeland said the Sure Start Unit had approached the LDA earlier in the year when it was originally thought that 39 projects were in jeopardy.

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