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Purchasing and Expanding an Existing Child Care Facility

$25,000
Closed
ME
Grant Description

The Child Care Infrastructure Grant Program – Facility Acquisitions, offered by Coastal Enterprises Inc. (CEI), aims to support the expansion and improvement of child care services in Maine. This program specifically targets businesses acquiring an existing child care operation, with a focus on increasing enrollment and enhancing facility quality. While a specific foundation mission or theory of change is not explicitly detailed, CEI's overall mission, as implied by the nature of this grant, likely revolves around fostering community development, supporting local businesses, and ensuring access to essential services like child care, particularly in underserved regions. The alignment suggests a strategic effort to strengthen the child care infrastructure, which is crucial for economic stability and family well-being. The primary beneficiaries of this grant are existing child care businesses in Aroostook, Franklin, Penobscot, Piscataquis, Somerset, and Washington Counties in Maine, that are undergoing an acquisition. The impact goals are clearly defined: to facilitate a minimum 25% increase in enrollment within four months of the transaction and to enable improvements in facility quality and capacity. By supporting these acquisitions, the program intends to stabilize and grow the supply of child care, thereby serving more families and children in the targeted counties. Priority areas for this grant include applications from the aforementioned specific counties in Maine. Additionally, bonus points are awarded to applicants who commit to providing care for infants and toddlers, serving families eligible for subsidy, and participating in the USDA Child and Adult Care Food Program. These priorities highlight a strategic focus on addressing critical gaps in child care services, particularly for vulnerable populations and age groups, and ensuring nutritional support for children. The grant, ranging from $10,000 to $100,000, can cover up to 50% of eligible costs, with a maximum award of $25,000 for acquiring furniture, fixtures, and enrollment of an existing business. Expected outcomes include a measurable increase in child care slots, improved quality of facilities through light renovations, and enhanced operational capabilities. Funds can be used for purchasing educational materials, fees for existing business practices, expanding enrollment, light renovations, acquiring additional indoor activities, enhancing outdoor spaces, procuring health and safety supplies, and ensuring sufficient working capital for the first month. These measurable results contribute directly to the program’s goal of expanding access to quality child care. While the explicit "Foundation's strategic priorities" are not detailed, the grant's design implicitly reflects a strategy to leverage private sector activity (business acquisitions) to achieve public good outcomes (expanded child care access and quality). This approach suggests a theory of change where targeted financial support and incentives for business growth lead to improved social infrastructure. The program's emphasis on specific counties and services (infant/toddler care, subsidized families, USDA program participation) indicates a strategic allocation of resources to areas and populations with the greatest need, aiming for a ripple effect of positive community and economic development.

Funding Details

Award Range

Not specified - $25,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

County governments

Geographic Eligibility

Aroostook County (ME), Franklin County (ME), Penobscot County (ME), Piscataquis County (ME), Somerset County (ME), Washington County (ME)

Key Dates

Application Opens

March 6, 2024

Application Closes

June 30, 2024

Contact Information

Grantor

Coastal Enterprises Inc. (CEI)

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Categories
Capacity Building
Business and Commerce
Youth
Food and Nutrition
Education