We are very excited to invite you to an upcoming All Our Kin event on Tuesday, November 1st from 4:30-6:30 at the Connecticut Children's Museum in New Haven. The event will be a celebration and presentation on the University of Connecticut's economic evaluation of All Our Kin's Family Child Care Tool Kit Licensing Program.
You can view the paperless post invite and RSVP if you follow the link: http://paperless.ly/qdnKxV.
We're also holding a panel discussion in Hartford on November 15th from 9:00-11:00. If you're interested in attending, please email Shannon at firstname.lastname@example.org.
We hope you'll join us!
New York Event Postponed until January
Our NYC event at the Yale Club has been postponed until the week of January 15th. We apologize for any inconvenience and hope to see you then! More information about the event will be coming soon.
|The Economic Impact of the All Our Kin Family Child Care Tool Kit Licensing Project:
Highlights from the Evaluation
The Connecticut Center for Economic Analysis study found that All Our Kin's Tool Kit Licensing Program is an important workforce support for low-income families. By facilitating access to high-quality child care, the program increases opportunities for parents to enter the workforce. The study demonstrates that:
--Each licensed provider enables between four and five parents to enter the workforce.
--Nearly 60 percent of providers reported earning at last $5,000 more the first year after licensure. In the second year, over 45 percent reported earning at least $10,000 more.
--Over 50 percent of Tool Kit program graduates went on to achieve either an Associate's Degree in Early Childhood Education or a Child Development Associate credential.
The study found that the combination of the Tool Kit Licensing Program's workforce development and workforce support has a substantial economic impact in New Haven:
--Between 2006 and 2009, All Our Kin's Tool Kit Licensing Program created about $18.4 million in additional tax revenue and $15.2 million in macroeconomic benefits to the New Haven region.
--For every $1 spent by All Our Kin in the Tool Kit Licensing Program, the study finds that approximately $15-20 are returned to society in terms of increased gross regional product (GRP).