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TD Bank – TD Ready Challenge for COVID-19

Research Admin Offices:

  • ROADS
  • HRS

Funding Type:

Grant

Value:

A total commitment of $10 million CAD will be available through one-time grants ranging from $350,000 CAD to $1 million CAD for initiatives that address this year’s problem statement

Disciplines:

  • Health Sciences
  • Natural Sciences and Engineering
  • Social Sciences, Arts and Humanities

Sponsors:

Deadlines:

Internal Deadline:

July 23, 2020

Sponsor Deadline:

August 13, 2020

Description:

The TD Ready Challenge is an annual North American initiative, which supports organizations developing innovative solutions for a changing world. Recipients must be organizations that have impactful and measurable solutions focused on helping to open doors for a more inclusive and sustainable tomorrow.

This signature initiative, created and funded by TD, is a key component to delivering on the bank’s corporate citizenship platform, TD Ready Commitment. The COVID-19 pandemic has had an immense impact on society and 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. This year’s TD Ready Challenge is part of the $25 million (CAD) that TD has allocated to help strengthen community resilience and COVID-19 recovery through the TD Community Resilience Initiative.

The 2020 TD Ready Challenge is 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.

Eligibility:

Programs presented in applications must deal directly with people and provide benefits to people and communities.

Applicants can be Canadian or US organizations as described below.

The following are eligible to apply:

  • Canadian registered or incorporated charities and not-for-profits
  • U.S. charitable, non-profit organizations as defined by section 501(c)(3) of the IRS tax code

Preference will be given to applications:

  • which support communities experiencing disproportionate impacts of COVID-19 based on factors such as race, ethnicity, socioeconomic status and geographic location
  • Where the grant will be used to address impacts of COVID-19 by demonstrating promising approaches to helping build community resilience
  • That align with one or more of the drivers of change of the TD Ready Commitment (Financial Security, Vibrant Planet, Connected Communities and Better Health)
  • Have wide demographic or geographical in the areas TD operates within across North America
  • Which will use the grant to scale and / or replicate solutions to additional communities or populations (or pilot projects with material evidence of viable success and scalability)
  • Have a clear evaluation and measurement process to track impact
  • Where the organization has not received any funds or grants from TD of $250,000 CAD or $250,000 USD or more from August 31, 2019 through to and including August 31, 2020

Application/Nomination Process:

As McMaster is permitted to submit only one application, should there be more than one proposal received by the internal deadline of July 23rd, an internal selection process will be established.

Resources:

Program website

Contact:

If you are applying from the Faculty of Health Sciences, please contact an Advisor from HRS.

For support with external non-industry funding, please contact Virginia Viscardi, Senior  Advisor, ROADS.