Kentucky Small Business Development Center Receives Grant to Support Childcare Businesses in Kentucky

The Kentucky Small Business Development Center (SBDC) has been awarded a $300,000 grant from the U.S. Small Business Administration (SBA) to provide support and training to childcare businesses in Kentucky. This initiative aims to help new and existing childcare businesses grow and thrive, ultimately benefiting the children and families of the commonwealth.

The Kentucky SBDC’s Childcare Initiative will offer a range of services to childcare providers, including start-up support, financial management guidance, marketing strategies, and professional development programs. By collaborating with key childcare stakeholders in Kentucky, such as Kentucky Youth Advocates and Childcare Aware of Kentucky, the SBDC hopes to enhance the quality and availability of childcare services in the state.

Kristina Joyce, the Kentucky SBDC state director, expressed excitement about the grant and the opportunities it presents for childcare businesses in Kentucky. She emphasized the importance of childcare services in supporting working parents and early childhood development, highlighting the role that small businesses play in strengthening Kentucky’s economy.

With a focus on increasing the number of available childcare slots and improving the quality of existing childcare centers, the Kentucky SBDC’s Childcare Initiative aims to provide essential resources to help childcare businesses succeed. By offering training, support, and guidance, the SBDC hopes to empower entrepreneurs in the childcare industry and ultimately benefit the children and families of Kentucky.

Overall, this grant from the SBA represents a significant investment in the future of childcare businesses in Kentucky, with the potential to have a lasting impact on the state’s economy and the well-being of its residents.