Support for Solutions Addressing Barriers to Economic Mobility
The Economic Opportunity Challenge is a public competition to award $10 million to scale a game-changing solution aimed at improving the financial health of low-income families in the United States. The Challenge will fund the most transformative evidence-based solutions to address barriers to improved economic opportunity, security, and mobility for individuals and families. The focus is on proven, data-driven solutions ready to serve as a model for implementation across the country. Winning solutions will utilize a powerful strategy to change lives and permanently remove key barriers to economic opportunity. Applying teams should demonstrate that they have the track record, experience, relationships, and resources to create lasting change, using an evidence-based approach that shows promise for delivering significant impact at a larger scale.
Up to five finalists will be named, one of which will receive a $10 million grant, and the remaining finalists will each receive a $100,000 grant. Nonprofit organizations based in the United States or its territories with operating budgets of at least $1 million may apply.
The registration deadline is January 28, 2020; applications must be submitted by February 18, 2020.
More information about the funding guidelines and application process is available on the Challenge’s website.