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Uncharted: Economic Inequality Initiative

Deadline: June 28, 2021

Uncharted seeks to support early-stage solutions addressing economic inequality in the U.S. The economic divide in the U.S. is sharp and rising. In the decade since the Great Recession, middle-and-lower classes saw their collective wealth shrink by over 20%, disproportionately affecting women, people of color, and young people. Meanwhile, the country’s most affluent families grew their median net worth by over 13%, making America the most financially unequal nation in the Western world.

The Economic Inequality Initiative is a six-month initiative that aims to elevate solutions that create transformational opportunities for people to increase wealth in the near term while building towards a long-term vision to address the root causes themselves. From universal basic income pilots to rent-to-own home programs, Uncharted is seeking radical ideas with proof of concept and the potential to create a profound impact. Selected participants will receive unrestricted funding support, access to subject-matter experts, mental health resources, introductions to potential funders in our network, and other personalized support.

Amount: Eight awards of $25,000 in unrestricted funding will be made.

Eligibility: The initiative is targeting very early-stage social entrepreneurs, movement builders, and nonprofit innovators who are tackling wealth inequality in the U.S. Entities can apply as an individual, nonprofit, for-profit, hybrid, etc., as long as the proposed solution directly addresses economic inequality.

Note: Early-stage means that the applicant has designed a solution addressing economic inequality and validated it with beneficiaries, funders, or partners. Perhaps the applicant created a prototype, launched a pilot program, built an audience online, or raised small amounts of money from friends and family. There is no limit on the amount of time the organization has been around.

Link: https://uncharted.org/program/economic-inequality-initiative/


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