Applications are now being accepted for the Child Care Infrastructure Grant Program – Facility Acquisitions.
Donor Name: Coastal Enterprises Inc. (CEI)
State: Maine
County: Aroostook County (ME), Franklin County (ME), Penobscot County (ME), Piscataquis County (ME), Somerset County (ME), Washington County (ME)
Type of Grant: Grant
Deadline: 06/30/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
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, for a total award of 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.
Uses of funds
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 a week of pre-opening payroll and a month of children’s food while you adjust to new subsidy and USDA food program levels.
For more information, visit CEI.
