If your company, program, or organization is working to support and empower student parents, or you want to learn how your solution can be tailored to accelerate the postsecondary success of student parents, apply for the Rise Prize!
Donor Name: Entangled Institute
State: All States
County: All Counties
Type of Grant: Awards and Prizes
Deadline: 05/17/2024
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
The Prize was created by Imaginable Futures—a venture of The Omidyar Group—and Lumina Foundation, along with a group of leading partner organizations, to leverage direct investments in innovative solutions supporting student parents.
The Rise Prize will make 14 awards totalling $1.5M to solutions driving economic mobility and well-being for student parents.
By applying for the Rise Prize you could:
- Raise awareness of your solution and get exposure to funders and potential partners
- Strengthen your idea with support from mentors and build community with fellow innovators; and as a finalist, be paired with an advisor to sharpen your product pitch
- Win $50,000 as an early stage applicant, $100,000 as a Risers’ Choice awardee, or $200,000 as a mature stage applicant.
Solutions that will have a direct impact on the postsecondary success of student parents—whether your solution is focused on these outcomes or others, they want to hear from you. Those solutions could include: flexible courseware, original outcomes-based financing solutions, innovative childcare support models, community building or completion coaching—any type of solution designed to accelerate student parent success.
- Childcare
- Community of Support
- Completion Time
- Convenience First
- Cost
- Credential/Connection to Career.
Who Should Apply?
The Prize is open to impact-driven changemakers: companies, programs, and organizations of any type or stage in the US working on solutions directly supporting student parent postsecondary success. This includes changemakers who are seeking to add additional products or solutions to accelerate the success of student parents.
Applicant Types
Rise Prize welcomes applicants working on innovative solutions to directly impact postsecondary success for student parents at scale, including:
- Non-profit organizations
- For-profit companies, including edtech solutions
- Higher education institutions, including departments or teams within higher education institutions; academic institution associations; or alternative career pathways programs, including workforce programs, credentialing programs, and bootcamps.
Solution Types
The Rise Prize is designed to increase the number of innovative solutions driving postsecondary success for student parents. There will be three types of awards made through a single application process:
- Early Stage
- New ideas and solutions anchored in initial customer validation (user testing or pilots, market research, or a plan for customer validation).
- This could include:
- Pre-seed and seed startups that have developed a plan for customer validation and research
- Established organizations exploring new ideas and solutions for student parents
- Academic institutions and social ventures at testing or pilot phases
- 8 winners from the early stage category will be awarded $50,000 each.
- Mature Stage
- Defined by solutions provided by organizations that have strong conviction about the business or organization’s ability to serve student parents and are looking to take that work to scale. For venture-backed startups, this means Series A and beyond.
- These solutions should have:
- Demonstrated product/market fit and strength of the market
- Measured impact on customers or end users
- 5 winners from the mature stage category will be awarded $200,000 each.
For more information, visit Entangled Institute.
