Central to reaching our objectives for universal access to high quality early care and education (ECE) is to launch Early Learning Ventures Alliances (ELV Alliance): community-based networks comprised of small ECE businesses that work together to deliver services in a more streamlined and efficient way. The Early Learning Venture Alliance Model ensures fiscal stability and superior business operations, as a part of the sustainability plans, which are the foundation for delivering affordable, high quality ECE services. ELV seeks to bring knowledge about shared business platforms and new business models to the ECE industry. The ELVA model allows small businesses to retain their autonomy and diversity, and yet attain critical economies of scale.
Benefits include:
- Engagement with a broad spectrum of existing ECE resources.
- Professional fiscal management and economic strength of an Alliance, making it easier for very small businesses to weather economic ebbs and flows.
- Lower costs from economies of scale in business functions like payroll, benefits management, banking, janitorial, food services, insurance and purchasing.
- Affordable quality ECE that is accessible for parents.
- The ability to offer a range of comprehensive support services for families.
- A comprehensive approach to professional teacher training and development.
By forging ELV Alliances, quality ECE businesses will offer high quality early learning. The result: All children will have the opportunity to succeed in early care and education programs and will be better prepared to succeed in school and ultimately, in life.
For more information about our Shared Services Toolkit click here.