My noble Friend, the Parliamentary Under Secretary of State for the School and College System (Baroness Barran), has made the following statement.
The Department is committing up to £86 million in trust capacity funding (TCAF) until March 2025, supporting the Government’s vision for every school to be part of a family of schools in strong academy trusts. TCAF helps trusts develop their capacity and take on underperforming schools, particularly in education investment areas. Today we have launched the second window of TCAF 22-23. The application window runs until 16 December with guidance and application form available on gov.uk. We will soon announce details of the next application window which will be looking particularly for projects which address our priorities for the 55 education investment areas which we plan to publish later this year.