Laura Kohn, our good friend and community expert in early care and education, has a personal motto: Do it for the kids.
Who doesn’t want to support babies and children in achieving their fullest potential? Hint: no one.
Yet, quality early child care remains inequitable, undersupplied, and underfunded. That’s been driving us nuts for years. After all, quality early child care doesn’t just close achievement gaps for kids. It’s also critical for building thriving communities and the economic advancement of families.
Last year, our CEO David and COO Shreya dug into innovative finance structures for early care and education. They developed a theory. Financing real estate for early care providers can reduce one of the primary pain points in the industry. The ensuing stability and cost savings can help more kids get quality care.
We’re honored to share that David—along with Laura and community finance fellow Essence Rodriguez—will get to refine this theory as part of the 2020 cohort of the Promising Ventures Fellowship.
The fellowship program is produced by Promise Venture Studios in partnership with Sesame Workshop and The Center on the Developing Child at Harvard University. The program is designed to accelerate growth for social enterprises with the potential to scale impact for children and families facing the greatest adversity.
With Sesame Workshop as a presenting partner, David, Essence, and Laura had quite a unique welcome to the fellowship from Grover!