"I'm here because child care is not only a social issue or a women's issue.
It is also an economic issue," Secretary of Commerce Gina Raimondo said last week as she kicked off the National Child Care Innovation Summit in Providence, RI.
"In fact, I'd argue it's one of the most critical economic issues affecting families, businesses, and communities today."
The summit, hosted by the US Chamber of Commerce, the US Department of Commerce Foundation, and the Rhode Island Chamber of Commerce, brought together elected officials, policy leaders, corporate executives, and child care experts to talk about how to make child care more affordable, more accessible, and more effective for working moms and their kids, Fast Company reports.
Here are some of the key takeaways from the summit, which was attended by execs from UPS, Etsy, IBM, Mazda Toyota, and Chobani: Child care is a workforce issue: "Child care is not just a women's issue, it's a family issue, and most importantly, it's a workforce issue," Rep.
Ashley Hinson of Iowa said.
Employers want to be part of the solution: "You can do well and you can do good at the same time," said Fred Acuri,
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David Tran, CEO of Huy Fong Foods, makers of the popular Sriracha hot sauce with the green cap, hopes to fill a hot sauce gap where social entrepreneurs can learn from.