Capital One Financial Corp (COF) this week recognized seven licensed home base childcare providers for their completion of the Grow@1717 Accelerator, a 12-week small business program designed to help strengthen the entrepreneurial ecosystem and elevate the Richmond region as a destination for innovation.
Cohort members received $5,000 in funding to support business stabilization and growth, along with a business needs assessment, 90-minute learning workshops, skills-based support from COF associates, and a network of peer mentors. The cohort was selected and funded in partnership with ChildSavers, a non-profit that provides children’s mental health services and childcare resources to Richmond residents.
“We know that family day home care is the most common form of childcare in this country, but oftentimes, home-based providers are the most overlooked for support as small business owners,” said Toria Edmonds-Howell, Community Engagement Manager for the Capital One 1717 Innovation Center. “The Grow @1717 program was designed to meet emerging needs within our region, and as Richmond childcare providers continue to experience the impacts of the pandemic, we want to help.”
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