Blackstone Charitable Foundation: Innovation GrantsDeadline: October 12, 2015
The Blackstone Charitable Foundation seeks to accelerate solution-oriented action around the systemic challenges facing entrepreneurial ecosystems by providing a platform at the regional, national, and global level to highlight and advance leading models of inclusive, scalable innovation. Blackstone Innovation Grants will be awarded to organizations that are tackling the big challenges facing entrepreneurship and that, through their work, are building an increasingly inclusive and prosperous society. The Foundation is looking for big, bold ideas – across sectors and in a variety of regions – that have the potential for creating lasting change at a major regional, national, and/or global scale.
Funding will be available in two tracks:
- BIG Program/Project Challenge Grant: Organizations may apply for funding for a specific program / project (new or existing) that addresses a systemic challenge facing entrepreneurial ecosystems (defined as a target population, industry, or geographic region). In order to apply, an organization must articulate the challenge (what the organization is solving), and must demonstrate how the program/project will address the challenge with a new or innovative approach over a one year period. The challenge and program should affect (or have the potential to affect) a large population, serving as a model that could be replicated nationally or globally in future years.
- BIG Event Grant: Organizations may apply for funding for a specific event or convening, or a specific track within a larger event, that accelerates the conversation around entrepreneurship on a regional, national, and/or global scale. The event must convene key influencers, decision makers, and practitioners in entrepreneurship and should have clearly articulated goals to make a lasting impact on an entrepreneurial ecosystem.
Amount: A total of up to $5,000,000 will be awarded with the majority of awards between $250,000 and $500,000. Awards are for a one-year period.
Eligibility: Organizations must be at least three years old and have an annual operating budget greater than $1,000,000 to apply. Organizations must have an existing track record of success in their region, and metrics to prove their effectiveness. Awarded organizations will be geographically and programmatically diverse. Organizations must be exempt from U.S. federal income tax pursuant to section 501(c)(3) of the Internal Revenue Code and classified as a public charity under section 509(a)(1) or section 509(a)(2) of the Code (or a non-U.S. organization able to demonstrate that it is the legal equivalent of a public charity).
For the BIG Event Grant, a a strong preference will be given to events that are hosted (at least in part) by an organization that is exempt from U.S. federal income tax.