Preschool Promise Inc. Secures $390,000 from KeyBank to Tackle Early Educator Workforce Crisis

by Beatrice

The Promise Scholars program, a new initiative by Preschool Promise, is helping early childhood educators working at partner sites earn degrees and credentials in early childhood education—while graduating debt-free. Established in 2022, the program addresses the ongoing crisis in the early educator workforce and aims to enhance the quality of instruction in early learning classrooms.

The program was created in response to local concerns about childcare and preschool programs being forced to close classrooms due to a shortage of qualified teachers. To tackle this challenge, Preschool Promise will use grant funds over the next four years to cover up to $5,000 in tuition each semester for educators pursuing credentials or degrees in early childhood education. The program will also assist with additional costs, such as books, and provide tutoring and support to help educators stay on track with their studies.

“We are excited to partner with the KeyBank Foundation to expand educational opportunities through the Promise Scholars program,” said Robyn Lightcap, Executive Director of Preschool Promise. “This funding will help early childhood educators further their education while creating pathways for young learners through internships and hands-on experience. Skilled teachers are essential for children’s growth, as learning begins at birth and plays a critical role in lifelong success.”

The next phase of the program will focus on three key strategies to support the development of the early education workforce:

High School Pathway: Preschool Promise plans to strengthen connections between middle and high schools and early learning programs. The organization will expand its collaboration with high school Teacher Prep Academies, offering job shadowing and internships for students interested in early childhood education.

Registered Apprenticeship: The program will partner with local community colleges to create a Registered Apprenticeship program, allowing students to earn an associate degree in early childhood education while benefiting from dedicated funding streams for apprenticeships.

Workforce Development Funding: Preschool Promise will also leverage government funding opportunities, such as the Workforce Innovation and Opportunity Act (WIOA) and the YouthWorks program in Montgomery County, to support workforce development in early childhood education.

The program will also provide computers to students who lack access to technology. This support is particularly beneficial for first-generation college students, older learners returning to education after a long break, and those from low-income families.

“We are committed to investing in our communities and supporting those who educate and nurture the next generation,” said Jeff Bardonaro, KeyBank Dayton Market President. “By helping early childhood educators advance their careers, we aim to make a lasting impact on the workforce crisis and empower individuals in the Dayton area.”

About KeyCorp

KeyCorp, headquartered in Cleveland, Ohio, is one of the nation’s largest financial services companies, with approximately $190 billion in assets. Through its KeyBank National Association brand, KeyCorp operates about 1,000 branches and 1,200 ATMs across 15 states. The company provides a wide range of services, including banking, lending, investment services, and corporate banking.

About Preschool Promise

Preschool Promise is dedicated to ensuring all children in Montgomery County, Ohio, are ready for kindergarten. The organization partners with families, providers, and community leaders to offer high-quality early childhood experiences. It works with over 100 partner preschools, providing tuition assistance, professional development, and support for educators pursuing credentials and degrees. Recently, Preschool Promise expanded its services to children from birth to age 3, offering home visiting, parenting support, and early intervention services. The organization is committed to equity and advocates for the best outcomes for all young learners.

Related topics:

Related Articles

blank

Welcome to KidsEducationFranchise, where learning meets limitless possibilities! Explore innovative educational franchise opportunities, expert insights, and curated resources to inspire young minds. Unleash the power of education with us!

Copyright © 2023 kidseducationfranchise.com