�
Potential Solution Group 3: Removing barriers to childcare centers opening and succeeding in the region
This could involve a) a purchasing co-op model wherein employers come together to cooperatively fund operational costs and overhead expenses, b) a small business accelerator / incubator for new and existing childcare providers offering a business model templates, lending specifically for small businesses, etc., c) promotion of a childcare franchise model( e. g., Bright Horizons), etc., and d) advocacy for adequate compensation( pay, benefits) for childcare providers through participation with local workforce boards and businesses
IMPACT
HIGH Greater than 60 % of Respondents Rated as Large to Very Significant Positive Impact
LOW At or Below 60 % of Respondents Rated as Large to Very Significant Demand
a) Purchasing co-op model wherein employers come together to cooperatively fund operational costs and overhead expenses( 51 %, 68 %)
b) Small business accelerator / incubator for new and existing childcare providers offering business model templates, lending specifically for small businesses, etc.( 59 %, 70 %)
DEMAND
HIGH Greater than 60 % of Respondents Rated as Large to Very Significant Demand
d) Advocacy for adequate compensation( pay, benefits) for childcare providers through participation with local workforce boards and businesses( e. g., group insurance package offerings, political backing)( 81 %, 84 %)
LOW At or Below 60 % of Respondents Rated as Large to Very Significant Positive Impact c) Promotion of a childcare franchise model( e. g., Bright Horizons)( 55 %, 60 %)
* The demand and impact for each solution are presented as( Demand, Impact) where percentages reflect responses of“ Large” or“ Very Significant.”
9