Economic Opportunity Challenge
Solicitation Title: Economic Opportunity Challenge
Funding Amount: $10 million
Sponsor Deadline: Tuesday, January 28, 2020
Solicitation Link: https://www.economicopportunitychallenge.org/about
Overview
<p>The Economic Opportunity Challenge is a public competition launched with the support of Lever for Change to award $10 million to the most scalable, transformative, and proven solution aimed to meaningfully expand economic opportunity for low-income individuals in the US.</p> <p>We are looking for proven, data-driven solutions ready to serve as a model for implementation across the country. Up to five Finalists will be named, one of which will receive a $10 million grant and remaining Finalists will each receive a $100,000 grant. Winning solutions will utilize a powerful strategy to change lives and permanently remove key barriers to economic opportunity. Teams will 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. Applications will be scored based on the following four criteria:</p> <ol> <li>Magnitude of Impact</li> <li>Strength of Evidence</li> <li>Likelihood of Success</li> <li>Potential for Scale</li> </ol>
Other Information:<p>The $10 million grant and $100,000 Finalist grants will be awarded by November 2020. Explore this website to learn more and find out if you’re a good fit for the Economic Opportunity Challenge</p>Last Updated:
RODA ID: 775