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The Paycheck Protection Program and Accessing Support: An Update for Child Care Providers

Children’s Investment Fund is launching a technical assistance effort with the Department of Early Education and Care (EEC) to help the ECE/OST field with the U.S. Small Business Administration’s Paycheck Protection Program (PPP). On Monday, April 27, the second round of funding for the PPP ($310 billion) became available to small businesses, but the funding is in high demand and is expected to go quickly.

On Friday, April 24, EEC hosted two webinars featuring Children’s Investment Fund, CliftonLarsonAllen, Goodwin Procter, and Clarendon Early Education Services. Each webinar provided the child care field with information about this program and included an interactive Q&A portion. To access the webinar recordings, scroll down to EEC’s section on Small Business Loan and Recovery Programs by clicking here. Children’s Investment Fund also participated in a webinar hosted by Goodwin Procter’s Neighborhood Business Initiative pro-bono team on April 22 on several challenges facing the ECE/OST field, which can be accessed here.

Children’s Investment Fund is following up with one-to-one technical assistance to match providers with accounting, legal, or general technical assistance support to ensure that they are well-equipped to evaluate whether the PPP is right for them. To sign up for technical assistance, providers can submit this survey in in English or Spanish or send an email to support@childrensinvestmentfundma.org.

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