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TD Bank Group: TD Ready Challenge

Deadline: July 27, 2018

The TD Ready Challenge will fund organizations that offer solutions for a problem statement that is connected to one of the four drivers of change of the Ready Commitment (the Bank’s new corporate citizenship platform): Financial Security, Vibrant Planet, Connected Communities, and Better Health.

The 2018 TD Ready Challenge problem statement focuses on Financial Security. Technological acceleration is both an opportunity and a threat to financial security. The digital age has transformed the nature of work as employers continue to invest in technology and automation. In addition, part-time contracts and the gig economy have increasingly made income volatility a reality for many. These shifts create an urgent need to rethink skills development that will increase income stability and nurture a more inclusive economy.

The Ready Challenge seeks to provide financial support to organizations with innovative solutions focused on helping create greater income stability in a changing world. TD welcomes solutions that will help prepare people for the economy of the future so that everyone can thrive. Applications must address the problem statement and challenge and include:

  • A description of a scalable pre-existing solution that is tested, innovative, and achievable
  • A detailed outline of how the grant will be deployed
  • Details on how the positive impact on the problem statement will be measured within 12-24 months of receiving the grant

Amount: Up to ten $1,000,000 grants are available.

Eligibility: U.S. charitable, nonprofit organizations and Canadian registered or incorporated charities and nonprofits.

Link: https://www.td.com/corporate-responsibility/ready-commitment/ready-challenge.jsp

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