CAN BE
ALTERNATIVE
INVESTMENT

HHS-2025-ACF-ECD-TP-0080
Richard Gonzales
Opening date 1 Aug 2024, 12:00AM
Closing date N/A
Funding Opportunity Number: HHS-2025-ACF-ECD-TP-0080
Opportunity Category: Discretionary
Expected Number of Awards: 15
CFDA Number(s): 93.434 -- Every Student Succeeds Act/Preschool Development Grants
Cost Sharing or Matching Requirement: Yes
Posted Date: Aug 01, 2024 12:00:00 AM EDT
Closing Date: N/A
Estimated Total Program Funding: 140000000
Award Ceiling: $10000000
Award Floor: $500000
Eligible Applicants: State governments,Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility: The states and territories that applied for a PDG B-5 Renewal Grant in FY2024, but were not funded, are eligible to apply again in this competition, as well as states and territories that were eligible to apply for a Renewal Grant in FY 2024, but did not apply. Specific states and territories will be identified in the NOFO. Applications from individuals (including sole proprietorships) and foreign entities are not eligible and will be disqualified from the merit review and funding under this funding opportunity.
Description: The Office of Early Childhood Development within the Administration for Children and Families at the Department of Health and Human Services jointly with the Department of Education will be soliciting applications from eligible states and territories to carry out the Renewal Grant activities of the Preschool Development Grant Birth Through Five (PDG B-5) Program. The primary purpose of the Renewal Grant is birth though five early care and education systems-building and improvement. These awards will fund state and territories to conduct and/or update a comprehensive statewide birth through five needs assessment and related strategic plan to identify and address opportunities to strengthen early childhood programs in a mixed delivery system. Funds are also used to support the development and mental health of the birth through five early care and education workforce, leading to the improvement of early care and education (ECE) program quality and seamless learning experiences from birth into kindergarten. Additional efforts target increased opportunities for meaningful family engagement and access to ECE programs by means of the development of a coordinated application, eligibility, and enrollment system. Surrounding all of these efforts is an intentional focus on improving B-5 data collection, integration, and use.
Value Ad helps new businesses save 50% to 80% on essential services like marketing and
development. These savings act as an alternative investment, fueling growth.
Service providers gain valuable initial customers, helping them grow and attract investment.
It's a win-win for everyone!
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What is Value Ad?
Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.
How is it a Win-Win Deal?
For New Businesses:
Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.
Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.
For Service Providers:
Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.
Marketing Efficiency: By providing affordable services, service providers do not need to spend heavily on marketing to acquire new customers. The discounted services themselves become a powerful marketing tool, bringing in customers who can spread the word and enhance the provider’s reputation.
Growth and Expansion: Attracting more customers through Value Ad helps service providers expand their client base and build long-term relationships, which can lead to increased revenue and business growth.
Alternative Investment for New Businesses:
For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.
Benefits for Service Providers:
Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:
Building Traction: Demonstrating product or service viability to potential investors.
Securing Funding: Enhanced customer traction and a growing user base can make the service provider more attractive to venture capitalists and other funding sources.
Market Penetration: Establishing a presence in the market quickly and efficiently without heavy marketing expenditures.
In Summary:
Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.
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