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Providers aim to cut costs with care consortium

Groups of childcarers in a London borough are pooling resources to keep themselves afloat. Social Enterprise London (SEL) is currently working with Islington Childcare Trust to pilot a consortia model in childcare whereby providers can gain from economies of scale. Both organisations said they hoped that while helping build viable businesses the model would also create jobs and staff training and provide affordable childcare so that local parents could return to education or work.

Social Enterprise London (SEL) is currently working with Islington Childcare Trust to pilot a consortia model in childcare whereby providers can gain from economies of scale. Both organisations said they hoped that while helping build viable businesses the model would also create jobs and staff training and provide affordable childcare so that local parents could return to education or work.

The pilot project will explore opportunities to provide shared training facilities, recruitment and marketing policies for childcare providers as well as investigating the use of local exchange and trading schemes.

SEL and Islington Childcare Trust said they hoped to have a consortium of childcare operating in the borough by next year, which would include a range of providers such as day nurseries, creches and childminders. The consortium will be led by Islington Childcare Trust, which will organise the administration, training, recruitment and policy making of the groups to help them stay viable and ensure that there was good-quality, affordable childcare in the area.

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