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Early Childhood Investments as Economic Development

Cammarah Morgan Great Start to Quality Southeast Resource Center Ann Arbor, Michigan Rob Grunewald Federal Reserve Bank of Minneapolis. Early Childhood Investments as Economic Development A Framework for Early Childhood Development Program and Policy Advocacy.

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Early Childhood Investments as Economic Development

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  1. Cammarah Morgan Great Start to Quality Southeast Resource Center Ann Arbor, MichiganRob GrunewaldFederal Reserve Bank of Minneapolis Early Childhood Investments as Economic Development A Framework for Early Childhood Development Program and Policy Advocacy

  2. Section 1: The economic case for investing in • young children • Investments in early childhood development (ECD) improve the long-run productivity of the workforce, a key to economic growth. • Investments in ECD have a high public return on investment by reducing costs to government and society. • A strong child care industry allows parents to enter the workforce and be more productive while at work. • The child care industry is a relatively large employer and tends to be more interconnected with the local economy than many other industries.

  3. Section 2: How an ECD program can frame its impact on economic development • Program evaluation • Evaluation strategies • Linking evaluation results to longitudinal studies and near-term impacts • ECD programs not serving children • Measuring child outcomes • Demonstrating near-term benefits • Economic development impact • Enabling parents to work • Impact on jobs and income

  4. Section 3: Recruiting business leaders as supporters and advocates • Strategies for identifying business leaders • Identify businesses with a philanthropic mission to support education or community development • Make a connection with a community liaison • Develop a strategic plan for cultivating relationships • Strategies for asking a business leader to support your cause • Provide clear objectives and time commitment • Tour an ECD program • Involve another business leader in the “ask.”

  5. Section 3: Recruiting business leaders as supporters and advocates • Roles for Business Leaders • Build awareness among peers, public and policymakers • Volunteer expertise to ECD programs • Implement best practices for parent employees • Participate in policy development and advocacy • Raise funds

  6. Case Study Partners First Children’s Finance (United States) Jerry Cutts, CEO Arabian Child (United Arab Emrates) SamiaKazi, COO, and Global Leader

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