Nurture
Financial Security and Economic Mobility for Child Care Entrepreneurs
MISSION
Equitably design, build and scale practical solutions that turn work in the child care economy into a path to financial security and economic mobility
STRATEGIES
EQUITY | Design for and with child care entrepreneurs in child care deserts
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BOTH/AND | Strengthen business administration as well as caregiving and early education skills
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SCALE | Engage community partners in market research & cultural responsiveness; use technology to extend reach
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WIN-WINS | Identify solutions that address problems for families, caregivers & communities
Increase Income
By focusing on the poorest children, optimizing child-age ratios, and applying "iron triangle" business administration principles (setting appropriate rates, full enrollment, and full fee collection), home-based child care business owners can earn $45K to more than $100K depending on location and business size
Improve Job Quality
By facilitating access to health insurance and retirement savings opportunities through public systems or lower-cost private sector investment managers, job quality and health and wealth outcomes improve for business owners and their assistants
Decrease Expenses
By making automated business administration affordable, leveraging bulk purchasing and facilitating food reimbursements and access to free or low-cost tax assistance, home-based child care business owners can reduce out-of-pocket expenses, thereby increasing incomes
Build Wealth
By packaging access to capital for start-up and expansion grants, shared equity homeownership, credit building, and contributions to retirement savings, home-based child care business owners build wealth
