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    1 Reply Latest reply on Feb 21, 2011 9:39 AM by phanio

    Help with finding funding opportunities for daycare facilities.

    Wayfarer

      Does anyone have any information on how to receive funding assistance for daycare facilities. I have a non profit daycare that I have established but I am in the process of trying to obtain funding, but as of yet, do not have enough financing to become operational.

        • Help with finding funding opportunities for daycare facilities.
          phanio Pioneer

          Couple of suggestions:

           

          First, speak with your chamber of commerce or your local government offices about what they can do regarding funding for a day care.  They may have or know about local sources.

           

          Second, if you have retirement accounts like  IRAs, 401(k)s, SEPs, Keogh, etc that can be rolled over - you can direct those funds be invested in your business.  This is not a loan - thus no payments, no interest, no credit checks, etc.  Then, as your business grow, you can return those funds when you feel confident in doing so.

           

          We list many options for small business funding on our site if you want more information.