Deadline: 08-Jan-2025
Apply now for the Truist Foundation Inspire Awards.
Truist Foundation and MIT Solve seek innovative nonprofit solutions that improve resources and wraparound services for adults who are in the middle or late stages of their careers seeking reskilling, upskilling, and career navigation support, including:
- Wraparound Services – Supporting unemployed and underemployed individuals on their journey to economic mobility through innovative and comprehensive resources including transportation support, childcare, mentorship, mental health services, and more.
- Coalition Building – Generating greater buy-in and support for workforce navigation efforts through coalitions, promoting communication and collaboration across diverse sectors and stakeholders including businesses, nonprofits, and government entities.
- Career Navigation – Enabling workers to navigate their career choices more easily, helping to facilitate informed decisions about which high-quality jobs and career trajectories best suit them.
- Upskilling and Reskilling – Providing accessible, high-quality, skill-building and training opportunities for those transitioning between careers or facing unemployment.
Award Information
- 15 semi-finalists receive a $10,000 award
- 6 finalists will be selected with the opportunity to receive the following funding:
- 1 finalist will receive the $250,000 First Place Award
- 1 finalist will receive the $150,000 Second Place Award
- 4 finalists will receive a $25,000 Runner-up Award
- 1 finalist will receive the $75,000 Audience Favorite Award, regardless of their status as a runner-up, first-place, or second-place award winner
Eligibility Criteria
- The Inspire Awards are open to nonprofit organizations that meet the following requirements:
- Hold a registered 501(c)(3) status with the IRS.
- Headquartered in the U.S. and directly or indirectly serving within the Truist footprint: Alabama, Arkansas, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, D.C., and West Virginia.
- The organization is operating at least at a Growth Stage of Development: A registered 501(c)(3) organization or a 509(a)(3) supporting organization with an established product, service, or business model rolled out in one or, ideally, several communities, which is poised for further growth in multiple communities. Organizations at the Growth Stage should have a proven track record with an annual operating budget.
- The organization is operating at least at a Growth Stage of Development: A registered 501(c)(3) organization or a 509(a)(3) supporting organization with an established product, service, or business model rolled out in one or, ideally, several communities, which is poised for further growth in multiple communities.
- Team Lead must be 18 years or older to apply: The Team Lead should be the CEO, Executive Director, Primary Investigator, or other key leader for your solution.
For more information, visit Massachusetts Institute of Technology.