Deadline: 30 November 2018

JPMorgan Chase & Co. (“JPMC”) has launched the AdvancingCities Challenge 2018 (the “Challenge”) to provide local leaders with resources to improve the economic trajectory of their communities.

The Challenge has three primary goals:

• Accelerate the progress of cities with a comprehensive understanding of the biggest challenges facing their communities;
• Drive collaboration between public, private, and not-for-profit actors to advance big ideas that tackle persistent challenges to inclusive growth;
• Surface innovation solutions to address these persistent challenges, particularly those that underlie persistent racial and economic inequities.

Funding Information

Successful applicants will be eligible for a three-year grant of up to $3 million. All grants will be allocated over a three-year period, and expect to award 4-6 grants annually.

Eligibility Criteria

• The Challenge is open only to Applicants who are:
  • Organizations that (i) are incorporated or organized in the United States or its territories, (ii) have been duly organized and validly exist, and (iii) maintain a primary place of business in the United States.
  • Organizations that are not-for-profit organization exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), and classified as a public charity under Code Sections 509(a)(1) or 509(a)(2).
• Applicants must meet the following criteria:
  • Lead organization will demonstrate expertise in the community, and oversight that corresponds with the intended geography and systems;
  • Strong organizational leadership and management;
  • Commitment to diversity and inclusion for the project, and within the organization, particularly at senior staff and board level;
  • Strong preference for projects that overlap with JPMC’s geographic business footprint and resources;
  • Activities must be geographically focused on a single city, town, or region;
  • Engagement of a multi-sector coalition of actors (government, nonprofit, business, community, foundation, etc.) to design and implement the initiative;
  • Ability to achieve all deliverables within a three-year time frame;
  • Lead organization must be available for meetings on progress every 3 months.

How to Apply

Applicants can apply via given website.

For more information, please visit AdvancingCities Challenge 2018.