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In order to get a program up and running, a childcare provider will need to\u00a0make renovations and\/or expand, and access the following common funding streams:<\/span><\/p>\n Savings<\/b><\/p>\n Savings are funds accumulated for a specific goal.<\/span><\/p>\n Loans<\/b><\/p>\n Loans are funds borrowed from banks, credit unions, savings and loans, micro-lenders, small business development organizations, or family and friends.<\/span><\/p>\n Through a number of agencies, including the U.S. Small Business Administration, the federal government also provides loans; information is available at <\/span>govloans.gov<\/span><\/a>.<\/span><\/p>\n Child Care Resource &Referral (CCR&R) Grants<\/b><\/p>\n Child Care Resource and Referral (CCR&R) agencies in New York City receive state funding for grants. Some of their community funding includes:<\/span><\/p>\n Other<\/b><\/p>\n Other funding sources include small business competitions (example: The New York Public Library holds <\/span>business plan competition<\/span><\/a>s<\/span>).<\/span><\/p>\n A provider may also search <\/span>grants.gov<\/span><\/a> for more than 800 federal grant programs involving all 26 federal grant-making agencies.<\/span><\/p>\n Educational Incentive Program<\/span><\/a> (EIP) in New York State is another resource that helps providers pay for training and educational activities (max. outlay $2,000).<\/span><\/p>\n [\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_tta_accordion active_section=”0″ collapsible_all=”true”][vc_tta_section title=”Childcare Providers May Be Eligible for a Start Up or Health and Safety Grant” tab_id=”1450272108352-5f9a6031-d55b”][vc_column_text]The Committee for Hispanic Children and Families, Inc. (CHCF) provides grants to enhance the quality of childcare programs. These grants are made possible through a contract with the New York State Office of Children and Family Services (OCFS).<\/span><\/p>\n Start-Up grants are available to eligible providers who have had a license or registration for six months or less within the five boroughs of New York City (NYC). The Start-Up grant provides a maximum of $300 in equipment, supplies, and other items that are consistent with quality childcare, as determined in consultation with a provider services specialist.<\/span><\/p>\n Eligible providers who have had their registration or license for more than six months may apply for a Health & Safety Grant. These grants are for a maximum of $300 in equipment, supplies, and other items that are consistent with quality childcare, as determined in consultation with a provider services specialist.<\/span><\/p>\n To determine eligibility, a chiuldcare provider will need to submit:<\/span><\/p>\n Since there is a limited number of grants available, the following criteria have been established to assist in the selection process. Priority will be given to childcare providers who:<\/span><\/p>\n Other grants a provider may qualify for include:<\/span><\/p>\n Call us<\/span><\/a> to apply!<\/span>[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Educational Incentive Program (EIP) \u2013 New York State (NYS)” tab_id=”1450272108528-5e08c6f5-9524″][vc_column_text]The Educational Incentive Program (EIP) is a scholarship program that helps providers pay for training and educational activities with the intent of building provider knowledge, skills and competencies, and improving the quality of childcare. To be eligible for EIP, childcare providers are required to take training and care for children in a program regulated by the New York State Office of Children and Family Services (NYS OCFS) or the New York City Department of Health and Mental Hygiene (NYC DOHMH).<\/span><\/p>\n EIP eligibility is based on employment, the level of income, and the course or training.<\/span><\/p>\n A provider can apply for an EIP scholarship if he\/she are currently caring for children as a:<\/span><\/p>\n The provider must be a U.S. Citizen, Permanent Resident, or Resident Alien authorized to work in the U.S., and must be a paid employee currently caring for children as part of the adult\/child ratio requirement in a child day-care program licensed or registered by the NYS OCFS or the NYC DOHMH. Employment verification is required with each application.<\/span><\/p>\n The following are NOT eligible for an EIP scholarship:<\/span><\/p>\n Please note: EIP scholarships will be awarded until funding is depleted or the scholarship year ends, whichever comes first.<\/span><\/p>\n For additional information and details on how to apply visit: <\/span>https:\/\/www.ecetp.pdp.albany.edu\/eip.shtm<\/span><\/a>.<\/span><\/p>\n New York City residents should contact <\/span>CHCF<\/span><\/a> for assistance with the process.<\/span>[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Brooklyn Public Library’s PowerUP! Business Plan Competition” tab_id=”1450272887339-d41d2e18-98ab”][vc_column_text]Entrepreneurs throughout Brooklyn are eligible to participate in Brooklyn Public Library’s PowerUP! Business Plan Competition. All contestants have access to free resources and services that can help them write a business plan, and a lucky winner will receive $15,000 in start-up capital.<\/span><\/p>\n Participants are also connected to business counselors and attend classes at the public library that help them develop business and marketing plans, financial projections, and do research utilizing library resources. <\/span><\/p>\n As the sole sponsor of PowerUP!, Citi Foundation is committed to making Brooklyn a great place to live and work by supporting local entrepreneurship through the Business Plan Competition.<\/span><\/p>\n To learn more, read: <\/span>http:\/\/www.bklynlibrary.org\/locations\/business\/powerup<\/span><\/a>[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_message message_box_color=”alert-info”]CHCF administers a variety of grants. Call us for information on eligibility and how to apply!<\/strong>[\/vc_message][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_column_text]<\/p>\n Child Care Aware Child Care Resource & Referral Agency Locator<\/a><\/p>\n GovLoans.gov<\/a><\/p>\n Grants.gov<\/a><\/p>\n\n
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RESOURCE LINKS<\/h2>\n