Funding for Childcare Efforts Now Available

Private Funder: First Children’s Finance; Funding Focus: Childcare and early childhood education; Geographic Focus: Regional (IA, KS, MI, MN, MO, ND, SD & TX); Eligibility: Childcare providers, childcare centers and early childhood education centers; Funding: Up to $125,000; Deadline: Rolling.

Summary: The Development Corporation for Children provides loans to cover the costs of start-up, expansion, leasehold improvements, supplies and equipment and working capital needs. Applicants must be a licensed family childcare provider, a licensed childcare center, a Head Start or other early education program, or be in the process of becoming licensed. Loans for family childcare providers range from $1,000 to $25,000.

Loans for childcare centers and early education programs range from $1,000 to $125,000. For all family childcare projects, a non-refundable application fee of $25 is required. You can start by contacting staff to discuss your project and verify eligibility prior to applying. To qualify for the larger loans, an applicant must own or lease a facility, be licensed and be prepared to provide collateral and make an equity investment in the business.

Info: http://tinyurl.com/kku6cfr; 866/562-6801 or email jim@firstchildrensfinance.org

About Frank Klimko

Frank Klimko is a nationally known journalist, grants expert and speech writer/speaker. He has years of experience helping nonprofits devise lists of the right funding opportunities and secure funding from these foundations and corporate entities. Clients have focused on an array of areas including child care, homeless, hunger and K-12 education. Additionally, he is a Freedom of Information Act expert, who has helped numerous clients with securing proprietary information from the federal government. Currently, Frank Klimko writes the Children & Youth Funding Report and Private Grants Alert, which are Washington DC-based publications. CYF is a daily publication covering Congress, the Education Dept. and the various federal regulatory agencies. PGA, another daily publication, covers the world of private philanthropy.
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