Acquiring A Child Business
Description
The Child Care Infrastructure Grant program is offered by an organization called CEI Maine. The grant provides funding for organizations that are purchasing furniture, fixtures, and enrolling in an existing child care business, with the requirement of demonstrating at least a 25% increase in enrollment within four months. The grant award can cover up to 50% of the costs, with a maximum award of $25,000. The funds can be used for various purposes, including purchasing educational materials, fees for using existing business practices, renovations, buying additional indoor activities, and procuring health and safety supplies. Priority will be given to applications from specific counties in Maine, and bonus points will be awarded to applicants providing care for infants, toddlers, income-eligible families, and participating in the USDA Child and Adult Care Food Program. The application process consists of two steps, with the first step being the Facility Acquisition Application 1, which includes basic requirements for licensing, and the second step being the Facility Acquisition Application 2, which requires a description of transition and growth plans. The application deadline for both steps is either June 30, 2024, or until all funds are awarded. The application processing time is expected to take up to five weeks.