Nursery group expands after new funding deal
A childcare business in the West Midlands has undergone further expansion following a new funding deal.
Mishi Nurseries, which is owned by husband and wife team Raj and Jyoti Jaspal, has purchased the former Co-Op nursery in Kidderminster following support from Barclays.
The nursery, which closed in February 2016, now offers places for 110 children.
Raj Jaspal said: “When the opportunity arose to purchase this nursery we jumped at the chance as it benefitted from a good reputation in the area. We were looking to expand our own business and this seemed like a natural fit with our own facilities and ethos of the business.
“We have already had a great response and with the new Government funding available for 30 hours of free childcare, we expect the demand to grow.”
The couple own two further nurseries – ‘Little Folks’ in Kingstanding and Erdington, providing childcare facilities for 120 children, up to the age of five. In addition, they provide before and after school clubs on school premises in Lapworth, Solihull, Erdington and Pype Hayes.
The business employs 28 members of staff and will be recruiting more staff for the new facility in the coming months.
Manoj Patel, Relationship Director at Barclays, said commented: “Raj and Jyoti have worked hard to build a good reputation in the sector. They have plans to expand the business further and have a number of innovative ideas on how to move the business forward.”
The nursery was officially opened by Wyre Forest MP, Mark Garnier.
Raj and Jyoti Jaspal are pictured with Mr Garnier, together with staff and children, at the opening ceremony.