Pioneer Academy: Finance

(asked on 11th May 2021) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, how much total funding his Department has awarded to the Pioneer Academy.


Answered by
Nick Gibb Portrait
Nick Gibb
This question was answered on 17th May 2021

The Pioneer Academy has previously received capacity funding to support it to grow. The academy trust received £75,000 in financial year 2014-15 and £70,000 in financial year 2016-17 from the Regional Academy Growth Fund, and £85,400 from the Multi-Academy Trust Development and Improvement Fund in financial year 2018-19.

The academy trust has also received funding for the schools it has sponsored. This is in line with the following guidance: https://www.gov.uk/government/publications/sponsored-academies-funding-guidance-for-sponsors.

Academies within trusts are funded via general annual grant payments made by the Education and Skills Funding Agency. Information on the trust’s income and expenditure, as well as individual schools, is available on the Department’s ‘school financial benchmarking’ website here: https://schools-financial-benchmarking.service.gov.uk/Trust?companyNo=7691324.

Reticulating Splines