Acquiring a Child Care Business

Grants for Purchasing and Expanding an Existing Child Care Facility

Overview

If you are buying the furniture and fixtures plus the enrollment of an existing child care business and you can demonstrate at least a 25% increase in enrollment within four months of the transaction, you may be eligible for a Child Care Infrastructure Grant for up to 50% of your costs, for a total award of up to $25,000. Grant awards received may be used for the following purposes:

Priority Areas

Priority will be given to applications from Aroostook, Franklin, Penobscot, Piscataquis, Somerset and Washington Counties. In addition, applicants committing to the following will receive bonus points:

Application Process

There are two steps to the application process:

  1. Facility Acquisition Application 1 (linked below) includes the basic requirements for you to be licensed. Applications will be accepted on a rolling basis through June 30, 2024 or until all funds are awarded, whichever occurs first.
  2. Facility Acquisition Application 2 is invitation-only based on eligibility determined from Application 1 and includes a description of your transition and growth plans, including operational and financial plans. Applications will be accepted on a rolling basis through August 30, 2024 or until all funds are awarded, whichever occurs first.

Application processing time is expected to take up to five weeks from the time of submission.