Ascension Childcare & Development | Application Preview
Ascension Childcare & Development is applying for government grants to cover wages while rebuilding its clientele following pandemic-related challenges. The business aims to expand to a larger facility in an underserved community, using daycare revenue to finance this growth and introduce additional services.
The request for funding is justified by the owner's determination to make the company profitable and their readiness to implement the business plan. The owner established the daycare on December 23, 2019, and was unable to access relief funds during the pandemic.
While several daycares operate in the area, Ascension caters to a distinct market segment. The business stands out due to the owner’s military training in Preventative Medicine, ensuring a safe environment for children. Additionally, providing transportation services enhances convenience for parents, further differentiating the daycare from its competitors.
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General Information
Business Registration Number: 84-4078144
Location: Chicago, IL, United States
Length of Operation: 3
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I need to be able to cover wages and as I rebuild my clientele list after the lockdowns, my personal savings won't cover wages anymore.
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Business Plan
I intend to grow the daycare to a larger facility in a community that needs it. I am using the revenue from the daycare to finance that goal. I intend to expand add other services to my company. I can make this company profitable. I have, the plan and will to see this through if I can get help due to this pandemic. I started my company 23 December 2019 and didn't qualify for relief.
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Self Identified Competition
There are several daycares in my area but we are no in the same operating space and have our own market segment. I have the military training in Preventative Medicine to keep our children safe in these times. Transportation is difficult for parents and my daycare offers that service at the delight of parents.
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Contact Applicant
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