The Department for Education has increased its early years apprenticeship bursary, introduced in September, from £1,500 to £3,000 in an attempt to encourage more applicants.
The inflated funding is available to the first 200 people who successfully apply to the scheme.
They will also be able to apply for a further £300 to fund training and study.
Childcare minister Elizabeth Truss said she hoped the scheme will raise standards of practice in the early years sector.
“Caring for and educating young children requires great skills and specific experience," she said.
“Research shows that a third of children are starting school without basic language and communication skills – in poorer areas that rises to more than half.
“Knowledgeable and experienced staff will play a vital role in providing good quality early years education to ensure that all children – no matter what their starting point in life – develop the skills they need in learning.”
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