The Detroit Financial Well-being Innovation Challenge will provide seed funding and technical assistance to test and refine these ideas over several years, with active community involvement along the way. The challenge will prioritize ideas that create change at a structural or systemic level so that Detroiters can thrive financially. Over the course of the challenge, successful applicants will launch their ideas into functioning programs and initiatives.
To prepare, be sure to create an organizational account at SurveyMonkey Apply; complete your Organization and Financial Profile to stay up to date on all upcoming funding opportunities and resources; and click here to learn how to create your SMA account.
More than half of Detroiters are financially insecure or in financial trouble. A recent report from University of Michigan’s Poverty Solutions shows that a combination of low and volatile incomes and disproportionately high costs makes it challenging for tens of thousands of Detroiters to maintain consistently positive cash flow and build savings. This leads many households to accrue unmanageable debt and suffer low credit scores.
The Detroit Financial Well-being Innovation Challenge calls on everyone – from nonprofit organizations and community groups, to corporations and financial institutions, to those who know what it’s like to face these barriers firsthand – to submit their ideas and lend their support.
The Detroit Financial Well-being Innovation Challenge will provide seed funding and technical assistance to test and refine these ideas over several years, with active community involvement along the way. The challenge will prioritize ideas that create change at a structural or systemic level so that Detroiters can thrive financially. Over the course of the challenge, successful applicants will launch their ideas into functioning programs and initiatives.
Are you up to the challenge? Get involved now!
Our ninth annual Women of Influence Summit, presented by Walker-Miller Energy Services, is set for Friday, March 14, at MotorCity Casino. Our keynote speaker is former WNBA President Donna Orender, who spent 17 years working for the PGA Tour and is the bestselling author of “Wowsdom! The Girl’s Guide to the Positive and the Possible.”
Join us for breakfast, our Women-Owned Business Market and a morning full of inspiration!
