EARLY CHILDHOOD EDUCATION IS, AND SHOULD BE RECOGNISED BY BUSINESSES AS BEING, TIED TO BUSINESS AND THE ECONOMY
Midland, Michigan. April, 2012 – Early childhood education programmes are tied to business and the economy and one organisation can make a difference in the community, a conference to discuss early childhood programmes and their impact on the economy was told.
Tom Lamb, one of the speakers said PNC Bank where he is senior vice-president has committed $350 million to improving early childhood education in 19 states. Lamb said PNC’s Grow Up Great programme provides grants, advocacy, awareness and volunteers for early childhood education.
Employees receive 40 hours paid time off each year to help out with various programmes, from volunteering in the classroom to building schools and libraries, he said.
While the bank leadership doesn’t know much about education theory, Lamb said, they do understand return on investment. In some cases, investing $1 into early childhood education leads to a $16 return.