Robin Hood’s AI Poverty Challenge aims to identify breakthrough solutions that deliver results and inspire more efforts to use the powerful capabilities of AI in service of expanding upward mobility from poverty.
Donor Name: Robin Hood
State: All States
County: All Counties
Type of Grant: Awards and Prizes
Deadline: 06/26/2024
Size of the Grant: Not Available
Grant Duration: Grant Duration Not Mentioned
Details:
AI has game-changing potential to impact poverty only if they intentionally harness it to broaden opportunity rather than allowing it to exacerbate inequities and inequality. Robin Hood’s AI Poverty Challenge aims to identify breakthrough solutions that deliver results and inspire more efforts to use the powerful capabilities of AI in service of expanding upward mobility from poverty.
As artificial intelligence evolves at an increasing pace, more effort is needed to direct its potential toward the goal of increasing upward mobility from poverty. The AI Poverty Challenge seeks high impact solutions in the fields of education, workforce, and financial empowerment.
Funding Information
- Based on results of the Evaluation Panel and other factors that may include, but are not limited to, solution category, geographic diversity, and demonstrated promise or track record, up to nine finalists will receive $100,000 each.
- Finalists will then have up to a three-month acceleration period to further refine and strengthen their solution.
- After the acceleration period, the Selection Committee will review the finalists and make a recommendation to Robin Hood to select up to three, $1 million AI Poverty Challenge awards.
Eligibility Criteria
The AI Poverty Challenge welcomes applications from nonprofit and for-profit entities located within the United States and U.S. territories. Each Applicant must identify a Lead Organization. The Lead Organization will assume responsibility for the receipt and management of any Award from Competition Sponsor and will maintain those fiduciary duties in close coordination with any partner organizations. The purpose of including a Lead Organization is to ensure that there is sufficient administrative support and management for the use of any Award and not to disintermediate any partners who are essential to the implementation of any proposed project contained in any Entry.
Eligibility related to any Lead Organization by type are as follows:
- An entity described in section 501(c)(3) of the Internal Revenue Code of 1986, as amended (“IRC”), that Robin Hood partnership, benefit corporation, flexible purpose entity, or similar “hybrid” entity organized under the laws of a state or territory of the United States that is in good standing under the laws of the jurisdiction in which it is organized or formed.
- Eligible organizations are welcome to collaborate with nonprofit organizations, companies, foundations, schools, colleges and universities, government agencies, individuals, and other entities (either U.S.-based or non-U.S.-based) in order to develop the solution. An organization can also serve as a partner on a team for multiple applications provided that each application proposes a separate, distinct solution.
Except as described in the following sentences of this paragraph, an organization can submit only one application as the Lead Organization. Teams that are operating as fiscally-sponsored projects of a 501(c)(3) organization under formal fiscal sponsorship arrangements may each submit separate applications naming the 501(c)(3) organization as the Lead Organization on their applications. Regional or location-specific branches of larger organizations, as well as departments, schools, and programs within or based in a college/university, may each submit separate applications naming their parent organization as the Lead Organization on their applications. In all circumstances described above, the proposed solutions must be separate and distinct. There should be no overlap in team members. The intent of the policy is to ensure that any team is concentrating their best effort into a single application. They encourage teams to select a single project that best represents your organization’s ability to deliver a solution that meets the scoring criteria.
For more information, visit Robin Hood.
