Business
As states and communities seek to stem the spread of COVID-19, governors have issued stay-at-home orders for all residents with the exception of essential personnel who must work. Throughout the country, the child care industry—both child care centers and home-based programs— has been significantly impacted as well. Many programs have closed. Some programs are open to serve the children of essential personnel; however, enrollment is far below normal levels. Congress approved several relief programs to support small businesses through this public health emergency period. In this podcast, a panel of financing experts explores options that child care centers should consider in reviewing available new federal program supports in the CARES Act for both short-term economic viability, as well as for the recovery post-COVID-19. The podcast is a “must hear” for anyone operating a child care center who wants to better understand not only available assistance, but also ways to think through prioritizing business expenses and to support economic viability in the short- and long-term. Panel speakers: Heidi Hagel-Braid, Chief Program Officer, First Children’s Finance Louise Stoney, Independent Consultant and Co-Founder of Opportunities Exchange and Alliance for Early Childhood Finance Moderator: Grace Reef, President, Early Learning Policy Group Additional resources are available on CED’s web site at: https://www.ced.org/coronaviruschildcare