The 2021 Exchange Challenge will focus on nonprofit-fintech partnerships that can advance the financial health of justice-involved individuals and families navigating fines, arrests, detainment, and/or incarceration. With expertise and advisory support from Credit Builders Alliance, we are now accepting applications.
Submit your partnership’s application by June 30, 2021.
For the 2021 Exchange Challenge, grants will be awarded to support emerging and existing partnership solutions that address the financial health challenges faced by justice-involved individuals and their families, including:
While policy solutions are critical to reform our criminal justice system, we know that the nonprofit and fintech sectors can play a role in better serving those impacted by the system. We’ve seen the innovation already occurring across the country, and we want to support and lift up that work. The time is right for innovation that can advance the financial health of justice-involved individuals, their families, and their communities. Read our blog “Opportunities for FinHealth Innovation and Impact in Criminal Justice” for more details on the need for innovative solutions to the challenges justice involved families face.
We are looking for emerging or existing partnerships between fintechs and nonprofits, including nonprofit Community Development Financial Institutions, who are interested in piloting or prototyping solutions, product designs, or program enhancements that will allow them to better serve justice-involved individuals and their families. We welcome applications from emerging or existing nonprofit-fintech partnerships working on:
For more information on the types of partnerships we are seeking, view our 2020 Exchange Challenge grant recipients and read our full application criteria.Read the Application Criteria
Interested in learning more about the grant program and meeting potential grant partners? Join the Exchange’s upcoming Virtual Fastpitch on May 13.
Review criteria and instructions as you prepare to submit your application.