Daycare is a solution for parents who do not have time to take care of the children all day long. Presence of an adult is a prerequisite for normal development of child in its formative years. At pre-school level, children need the nurturing care of an adult. It is essential for total wellbeing, emotional and intellectual development of the child. During these years, the child's mind is like a sponge that soaks every bit of information. Not all parents have the luxury to take care of the child through these eventful years.

Sometimes a relative joins in to take care of the child. Parents with no times but having the means can always put the child in a day care. For those who do not have money, day care can only be an option if grants are provided.

Daycare plays a vital role in providing a guide to the child in its formative years. It has been proven that children with quality Daycare perform better during formal schooling and in social circles. Now, Daycare centres have incorporated development education as well in their routine. In a country like United States, Daycare industry has provided the backbone support to many working parents. The Daycare services fee are regulated but sometimes it is not affordable for many parents to put their kids in Daycare. Such parents may be single moms who are working or studying.

Postsecondary Child Care Grant Program:

This grant helps young mothers with low income, to pay for their child's daycare while they are at school. Minnesota residents with a child less than 12 yrs, with family size and income fulfilling the Minnesota state requirements. The applier for the grant should be an eligible US citizen, Be enrolled for at least six credits per term and should have defaulted on student loan. The amount of child care assistance will depend upon the people in the household, the number of hours important for covering education and work obligations. The amount of assistance is also dependent on income of the applicant and spouse, availability of funding and the student's enrollment status. The grant can go up to $2,600 per child per academic year. To apply for the grant, the student should apply to the financial aid office at his or her school.

While there are many grants available in child care field, it is impossible for child care operators to begin a private or for-profit child care facility. No grants are available from the government for this purpose. Few exceptions have been loans from start-ups and odd government departments. Options left for Daycare entrepreneurs are availing bank loans, venture capital, seeking financial support from near and dear ones or looking for counsel from incubator organizations and local small business and women's associations. Cascadia Child Care Fund of Washington and Oregon, is one such organization offering special loan programs at affordable rate. There may be special incentives available through Small Business Administration or local women's organisations for women-owned and operated business.

© CG Groth Inc 2007