TD Ready Challenge
The 2020 Problem Statement
At the core of the TD Ready Commitment is the recognition that the interconnectedness of its four drivers of change (Financial Security, Vibrant Planet, Connected Communities and Better Health) are key to helping build the confidence necessary to help create an inclusive and sustainable future for everyone. The pandemic is not only a health crisis, but also a social, economic and environmental one. In the face of the COVID-19, these intrinsic links have never been clearer, and a holistic approach is needed to address the impacts. That's why this year, we have made the decision to focus the 2020 TD Ready Challenge on supporting innovative solutions that address the impacts of the pandemic, specifically for communities that are experiencing disproportionate impacts of COVID-19. We are seeking applications that will help drive accelerated, sustained and equitable recovery. Applications must work to explicitly address inequities exacerbated by the pandemic, as well as one or more of the four interconnected drivers of change of the TD Ready Commitment.
How can your organization address the problem statement?
The 2020 TD Ready Challenge seeks to provide financial support to organizations that have designed innovative, scalable and/or replicable solutions to help address the pandemic-caused issues faced by communities that are experiencing disproportionate impacts of COVID-19 across North America. Solutions must address at least one (but can address more) of the four interconnected drivers of change of the TD Ready Commitment (Financial Security, Vibrant Planet, Connected Communities and/or Better Health).
To help fund more solutions in response to the needs created by COVID-19, the 2020 TD Ready Challenge has changed its grant amounts for this year. A total commitment of $10 million CAD will be available through one-time grants ranging from $350,000 CAD to $1 million CAD each (approximate equivalent of $260,000 USD to $745,000 USD) for initiatives that address this year's problem statement.
The application window for the 2020 TD Ready Challenge has closed. This November, successful recipients of the 2020 TD Ready Challenge will be selected and notified. Please check back soon for our announcement and additional details.