Loan program meant to boost childcare businesses

Aug 5, 2011

The Wyoming Business Council and the Wyoming Women's Business Center are sponsoring a grant-funded loan program that could help licensed childcare providers improve their businesses.

Rosemany Bratton of the Wyoming Women's Business Center said she hopes the Community Development Block Grant Child Care Facility Loan Program will help participating providers fill service gaps across the state.

"There's never been enough childcare for people who have to work shift work so to have childcare available on a 24 hour basis. There have been many providers that don't actually take infants. There's just been a scarcity of childcare."

Bratton said licensed home-based providers could borrow up to 35 thousand dollars and center-based providers could borrow up to $50 thousand dollars to improve facilities and expand capacity.