Resource Details
Business, Child Care, Start-Up & Entrepreneur
Dream Up! Grant Program
The Dream Up! Child Care Supply-Building Grant Program is kicking off a third cohort of competitive applications with additional funding of $2.5 million through the American Rescue Plan Act (ARPA). Originally, the Preschool Development Grant provided $7.9 million in funding for the Dream Up! grant program for Cohorts 1 & 2. Through this program, awarded communities receive strategic planning support and $75,000 in grant funding. Additional $5,000 stipends will be allocated to participating child care providers who submit updated business plans during the strategic planning process. Through a collaborative community approach, teams of community stakeholders, will work to evaluate, plan, sustain, and expand existing child care, and support new child care programs.
Eligibility
Communities eligible to apply include:
Native & indigenous communities
Neighborhoods with defined boundaries in urban areas
Rural areas no bigger than a county
Suburban/exurban community
An area like a zip code, school district, or 4 small cities who join together
Teams may include:
Local business leaders
Community and civic organizations
Economic development programs
Child care programs
School districts
Local government
City or county administrations
Parent groups
Top Benefits
- Awarded communities receive strategic planning support and $75,000 in grant funding
- Additional $5,000 stipends will be allocated to participating child care providers who submit updated business plans during the strategic planning process
Related Resources
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USDT New Markets Tax Credit Program
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The NMTC Program attracts private capital into low-income communities by permitting individual and corporate investors to receive a tax credit against their federal income tax in exchange for making equity investments in specialized financial intermediaries.
