Ministers are offering grants of £1,200 to entice more people to become childminders.
That's on top of the support already given to help with set-up and training.
Assistant Children's Minister Deputy Louise Doublet says she hopes it will plug a shortage in childminders.
"I value the childcare sector in Jersey, which is varied and provides roles and expertise across nursery settings, childminders and accredited nannies.
They offer parents and carers a valuable service, whether a parent prefers a nursery experience or a home-based setting for their child."
Already registered childminders are also being offered £500 to ease the pressures of the increasing cost of living.
Inflation in Jersey has fallen slightly from its 40-year high in December, now sitting at 10.9%.
Deputy Doublet says it won't solve all the challenges, but is a step in the right direction.
"Early Years are a hugely important part of a child’s development, and parents or carers want to know that if they choose a childminder for their child or children, they are in the best possible hands.
Childminding is a rewarding and unique career which can benefit the whole community and I would urge anyone who has been thinking about registering as a childminder to consider coming forward."