Academy trusts could receive up to £750,000 to take on at least five schools in underperforming areas.
And it seems they will no longer be penalised for “excessive executive pay” when bidding for expansion cash.
The Department for Education has set out the application guidance for the next waves of its “trust capacity fund” (TCaF), worth £86 million over three years.
A new strand from this year will be worth up to £750,000 over two years for trusts that take on at least five schools, one of which must be ‘inadequate’ or ‘requires improvement’ in one of the government’s education investment areas (EIAs).
The cash is also available for those wanting to form a new multi-academy trust with at least five schools in EIAs.
