Leveraging Nonprofit-Fintech Partnerships To Improve the Financial Health of Child Care Providers
Hear 2022 Financial Solutions Lab Exchange grantees discuss how they’re helping providers streamline the subsidy billing process and improve their financial health.
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Overview
America is in the middle of a child care crisis. Many families struggle to access affordable, quality care, while providers also have trouble earning a living wage. Meanwhile, billions of dollars in government child care funding go unclaimed every year.
Despite the urgency of this crisis, providers must navigate multiple federal, state, and local funding streams – each with its own complex, time-consuming administrative process. As a result, providers are missing out on funding that could help stabilize their small businesses and their personal financial health.
Join us for a conversation with 2022 Financial Solutions Lab Exchange grantees Nebraska Early Childhood Collaborative and Pie for Providers, who have joined forces to help streamline the process of billing for government subsidies, creating a pathway to improved financial health for providers.
Key Takeaways:
- Challenges that child care providers face in managing their businesses and personal financial health.
- Ways that technology can help providers bill more easily and effectively for the child care subsidy program in Nebraska.
- Successes and lessons learned from this innovative partnership.