Funding to help School Trusts develop their capacity to grow and take on underperforming schools
The Department for Education has announced that the second round of the Trust Capacity Fund is now open for applications. Through the Trust Capacity Fund, a total of £86 million is available from 2022 to 2025 to help School Trusts develop their capacity to grow.
The Fund has a particular focus on supporting strong trusts and strong schools forming trusts to take on underperforming schools in education investment areas (EIAs). Depending on the funding strand applied for, the maximum grant available is £750,000.
To be eligible, the applicant needs to be an academy trust or local authority-maintained school in England considered by the Education and Skills Funding Agency to be of good financial health with a record of meeting, or driving improvements, in school standards.
There are five application rounds until October 2024. The next deadline for applications is 1st February 2024