JSDC Daycare Expansion Assistance Program

Program Guidelines:

  • New childcare startups and existing remodels that directly increase capacity are eligible for a 1:1 match not to exceed $10,000 in matching funds.
  • Eligible items: fixtures, furniture, equipment, construction-related build-out costs. Approval is required before the project start date.
  • All receipts must be submitted before reimbursement.
  • The project must be a licensed (or in the process of licensing) childcare facility through the state of ND.
  • Providers who receive match dollars must remain in operation for a minimum of 2 years from the application date. Failure to do so will result in a prorated return of grant dollars to the JSDC.
  • New and existing providers who receive startup assistance through the matching grant program are ineligible for any other JSDC programming assistance.

Terms and Conditions:

  • Funds will be paid in a lump sum at the end of the project as a reimbursement of costs incurred. 
  • The interest-free loan will be pro-rated and forgiven over 2 years, contingent upon project completion. Applicant must also maintain a valid license for the number of children or greater specified at the time of the application approval. Any building owner or store proprietor/tenant with lease authority or authorization from the owner may apply for funding.
  • Tenants must have a minimum of two years remaining on their lease. Subject building
    must be correctly zoned.
  • There will be $50,000 made available for this program on a first-come, first-serve basis.

 

Alyssa Looysen

Director of Business Development

JSDC

alyssa@mxy163.com

Category: Financial

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