BE BOLD PRIZE OVERVIEW
Unemployment has skyrocketed in Broward County and across the nation since the coronavirus pandemic began, upending the fragile financial well-being of millions of families. Now more than ever, workers, especially those in service, hospitality, tourism, retail and healthcare industries, are experiencing unprecedented levels of instability, with many suffering from job loss or struggling to support themselves and their families with low-paying, temporary or part-time jobs.
The events of 2020 exacerbated historical inequities in our country. People of color, particularly black and brown residents, are now dealing with a dual pandemic – both the coronavirus and continued systemic racial injustice. These communities continue to be affected at higher rates by the sobering health impacts of the pandemic as well as layoffs and shift reductions as businesses grapple with closures and limited business hours. Now is the time to tackle COVID-19 job loss and the amplified impact it has had on communities of color.
The Community Foundation of Broward launched the Be Bold Prize, with a goal to help as many Broward County residents, especially people of color, who have been displaced from the workforce due to the Coronavirus, to gain stable employment within the next two years.
The challenge is to create new initiatives or scale up proven initiatives that will get Broward County residents back to work.
We are looking for more than just bold ideas, but for an idea or solution that, if awarded, can be set in motion immediately – ultimately getting Broward residents back to work as quickly as possible. The goals and metrics determined by the awarded initiative will be measured over the two year period to determine its success. Our intent is to encourage new ways of thinking that move beyond traditional workforce development programs and expand the potential for transformative community impact.
The Community Foundation of Broward will award a $1 million prize to implement the most innovative idea/solution.
Winner will be selected based on the boldness of the solution proposed, the potential for transformative impact, and the likelihood that the solution can be successfully implemented producing results within the two-year funding period.
WHAT’S YOUR BIG IDEA?
Do you have a bold, meaningful, innovative idea/solution that could use $1 million to significantly increase employment and economic opportunity in Broward County over the next two years? Submit your application (an applicant may submit only one proposal).
- The challenge launches on January 4, 2021 and closes on April 9, 2021
Click here to view the PowerPoint presentation from our January 27th Be Bold Prize Zoom Info Session.
Click here to watch a video of our January 27th Be Bold Prize Zoom Info Session.
To learn more about the benefits of joining our Professional Advisors Council, contact Senior Director of Philanthropic Services Mark Kotler at firstname.lastname@example.org or 954-761-9503.