The Coastal Enterprises, Inc. is requesting applications for its Acquiring a Child Care Business Grant Program.
Donor Name: Coastal Enterprises, Inc.
State: Maine
County: Aroostook County (ME), Franklin County (ME), Penobscot County (ME), Piscataquis County (ME), Somerset County (ME) and Washington County (ME)
Type of Grant: Grant
Deadline: 07/31/2023
Size of the Grant: up to $25,000
Details:
If you are buying the furniture and fixtures plus the enrollment of an existing child care business and you can demonstrate at least a 25% increase in enrollment within four months of the transaction, you may be eligible for a Child Care Infrastructure Grant for up to 50% of your costs, up to $25,000.
Priority Areas
Priority will be given to applications from Aroostook, Franklin, Penobscot, Piscataquis, Somerset and Washington Counties. In addition, applicants committing to the following will receive bonus points:
- Providing care for infants
- Providing care for toddlers
- Providing care for families income-eligible for subsidy
- Participating in the USDA Child and Adult Care Food Program
Eligible Uses
Grant awards received may be used for the following purposes:
- Purchasing furniture, fixtures, educational materials and other assets from an existing child care provider. Selected examples include books, musical instruments, developmentally appropriate toys, tables & chairs, cribs, sleeping mats and more
- Fees to use existing business practices, policies and menus
- Inheriting current enrollment and expanding enrollment by 25% within 4 months
- Light renovations to the space to enhance the quality or to increase capacity.
- Buying additional indoor activities or enhancing the outdoor space to accept more children.
- Procuring health and safety supplies and other materials required to increase your enrollment.
- Having sufficient working capital on hand for the first month. Selected examples include money to cover payroll and children’s food while you adjust to new subsidy and USDA food program levels.
For more information, visit Coastal Enterprises, Inc.
