We need to build evidence for how artificial intelligence can improve economic opportunity for low income people. That might mean streamlining access to services and benefits, enhancing job market intelligence, personalized career guidance and job matching, intelligent tutoring and adaptive learning, improving efficiency of public expenditure, overcoming language and accessibility barriers, or a host of other use cases.
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We need to have artificial intelligence projects that improve economic mobility and catalyze technological solutions that create more pathways out of poverty for populations least likely to experience it, including those from low-income households, populations with low educational attainment, and low-wage workers.
$10 Million AI for Economic Opportunity Fund
The AI for Economic Opportunity Demonstration and Scaling Fund is a $10+ million initiative that harnesses the power of artificial intelligence to revolutionize economic mobility for millions and demonstrate, through real-world applications, how AI can be a force for economic empowerment. The fund has two phases:
- Demonstration Phase: $3.5 million deployed in $250,000 grants to up to 16 demonstration projects to support the critical early stages of development and proof-of-concept for promising AI applications that drive economic opportunity outcomes.
- Scaling Phase: $500K to $1.5M per year to a maximum of six selected grantees in 1-year or 2-year grants that will focus on implementation of proven or well-tested technologies and scaling services that have demonstrated potential.
Applicants should be US-based nonprofit organizations.
The fund encourages partnerships between nonprofits and for-profit startups, consultants, and other technology experts. For-profit social enterprises will be considered on a case-by-case basis for mission alignment, with the opportunity to use a fiscal sponsor or nonprofit partner as an intermediary.
Apply Now! Concept Note Deadline is October 16
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