Federal Grants for Day Care
Opening a daycare center may be possible through the aid of federal grants. Finding the right grant for your center can provide money needed to open your business and keep the center running.
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Education Grant
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Non-profit daycare centers can apply for education grants, however, for-profit centers are restricted in their eligibility for some grants. Education grants are a sum of money given to daycare centers by the state government, so daycare providers can pursue educational activities with the children.
Child and Adult Care Food Program
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For-profit daycare centers may be able to apply for this type of grant, but it varies by state. Child and Adult Care Food Program grants provide the daycare center with a sum of money to be used toward food the center provides the children.
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Business Grant
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Non-profit daycare centers are typically the only centers that can benefit from a business grant, however some states provide them to for-profit centers. Business grants are a sum of money issued to the center to provide for the running of the business, such as building lease and advertisement of services.
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References
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