With Pay for Success financing gaining traction and attention across the country, Chalkbeat Colorado, in cooperation with the Institute for Child Success, will be hosting a half-day conference to bring state and national leaders together to discuss best practices and opportunities for leveraging this model to benefit early childhood programs right here in Colorado.
The event will take place on December 9th and will discuss not only the opportunity it presents for Colorado, but also invites leaders who have implemented the model in other states, like Utah, to shed light on how they have used it and what their key learnings have been to date.
The event will include a keynote, a presentation by Senator Michael Bennet’s office, as well as two panel discussions that will address national and local Pay for Success projects, possibilities, and challenges. Among the panelists will be Early Learning Ventures (ELV) Director Judy Williams. Judy will be discussing how ELV delivers a first-of-its kind network of Alliances that provide child care providers with tools and support. These efforts expand access to quality child care programs by helping providers save time and money, thus allowing them to focus on the most important part of their day – caring for and educating children.
“The ELV Alliance shared services model is currently being used in more than 580 child care centers in Colorado and has shown up to an $8 return for every dollar invested,” says Judy Williams. “We are honored to be participating on the Pay for Success panel, and are looking forward to sharing information about our model while learning from other organizations that have successfully executed a Pay for Success grant,” Judy added.
About Early Learning Ventures
Founded by the David & Laura Merage Foundation, Early Learning Ventures (ELV) is making it possible to deliver high quality and affordable early care and education. ELV strategically aligns itself with a diverse range of community-based partners to deliver a comprehensive, fully integrated shared services model. Through the power of an online technology platform and the resourcefulness of community partners, ELV brings together small, market-based child care providers with the often siloed, child care regulatory, quality improvement, and subsidy systems resulting in significant savings of both time and money which are then reinvested in providing higher quality child care. For more information, visit www.earlylearningventures.org.
About the David & Laura Merage Foundation
Promote self-sufficiency through education and community development, the foundation supports programs that are focused on social change and result in children, families and communities improving the quality and circumstances of their lives. David & Laura Merage believe that education is the gateway to optimal life outcomes. For more information, please visit www.merage.org.