This article is based on the DfE's Trust Establishment and Growth (TEG) funding guidance for 2023 to 2025 (see the 'information for applicants' document).
What is it?
The Trust Establishment and Growth (TEG) fund is a competitive grant of up to £50,000 per project to provide start-up funding to either:
- Existing trusts wishing to expand or create a new multi-academy trust (MAT) hub, or
- Organisations wishing to establish a new trust
There are 2 funding strands:
|A - projects in 'education investment areas' (EIAs) taking on a minimum of 3 schools||£10,000||£50,000|
|B - projects outside EIAs taking on a minimum of 3 schools||£10,000||£50,000|
See a list of EIAs on pages 12 and 13 of the application guidance linked above.
Be an "established high-quality MAT" or an organisation wishing to set up a MAT in an area Be considered in good financial health by the Education and