Waterford Early Learning

Taylorsville,
UT
(2019)

Waterford Early Learning

Community, Daycare and Early Childhood, Youth and Families

An investment from Enhanced Capital's Utah-focused Small Business Loan Fund recently enabled a nonprofit research center to relocate and continue providing education technology and jobs to a low-income community.

Investment

NMTC Amount: $4,000,000
Total Project Cost: $20,000,000

IMPACT

48 FTE jobs
100 children served by the early childhood center.

CDEs

Enhanced Capital

Investor

Unknown

Project Description

An investment from Enhanced Capital’s Utah-focused Small Business Loan Fund recently enabled a nonprofit research center to relocate and continue providing education technology and jobs to a low-income community. Located in Taylorsville, Utah, Waterford is a nonprofit research center and education technology company that provides reading, math and science learning programs for children in pre-kindergarten through second grade. Over 500,000 students and 9,100 teachers use Waterford’s products both in the classroom and at home.

MAP

Address: 4246 Riverboat Road, Taylorsville, UT 84123

Census Tract: 49035113512

Other Utah Projects

Artspace Commons North

Salt Lake City,
UT
(2008)

Affordable Housing, Community, Housing, Mixed-use, Retail

CDE(s): Brownfield Revitalization, Community Development Finance Alliance, Enterprise Community Partners

Artspace Commons North is a green, mixed-use artist community in downtown Salt Lake City, Utah.

YMCA of Salt Lake City Expansion

Salt Lake City,
UT
(2008)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Infrastructure, Recreation, Shelters and Community Food, Transportation and Ports, YMCAs and YWCAs, Youth and Families

CDE(s): Enterprise Community Partners

The YWCA of Salt Lake City constructed a new domestic violence shelter and a transitional housing facility for homeless women on the grounds of the organization’s downtown campus.

Neighborhood House

Salt Lake City,
UT
(2018)

Adult Daycare, Community, Daycare and Early Childhood, Healthcare, Nursing Homes and Hospice, Youth and Families

CDE(s): Community Development Finance Alliance

New construction of a 57,000 child care and adult day care facility on a 5.5 acre parcel in west Salt Lake City.

Recursion Pharmaceuticals

Salt Lake City,
UT
(2021)

Business Development, Manufacturing

CDE(s): Advantage Capital

Working capital for recursion Pharmaceuticals, which provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases.