Grant Name:
Iowa Child Care Business Incentive Grant
Deadline:
July 18th, 2022
Available Amount:
$250,000- $3,000,000
Number Of Awards:
Unspecified
Funding Uses:
The building of on-site employer childcare centers and/or company partnerships with existing childcare centers to expand their facilities or Subsidizing the cost of childcare for employees in partnership with licensed childcare centers or registered child development homes.
Eligibility Requirements:
Eligible applicants include businesses and consortiums of employers in good standing with the State of Iowa. If the project involves partnering with local child care services, employers must provide evidence of partnership with registered child development homes and/or licensed child care centers. Prior to receiving funding, a detailed agreement between the child care facility and business shall be provided. All applicants must be employers, not in the primary business of providing child care services. If the project is designed to create an onsite facility, the center must become a DHS licensed facility prior to opening. Applicants are strongly encouraged to cultivate partnerships to enhance project activities and outcomes. Grantees must comply with all applicable provisions of State and federal laws pertaining to nondiscrimination, sexual harassment, and equal employment opportunity. Individual employers building a consortium are not required to have 75 employees each; however, a minimum of 75 employees among the employers building a consortium is required.
Funder Match Requirement:
This is a 50/50 cost sharing agreement in which ARP SLFRF funds will be utilized to cover 50% of the proposed project costs and the remaining 50% will be funded by private investment.