About the competition
Workers and students of the future face challenging trends that may jeopardize their financial health. Rapid technology changes are requiring workers to train and reskill for career advancement, yet costs of education and training programs are rising steadily. The gig economy is growing rapidly, but offers inconsistent income and is an insufficient replacement for traditional jobs.
There is a need for fintech products, services, and partnerships that help people prepare for the economies of the future by addressing the barriers to affordable training, education, and opportunity.
On October 24, the Financial Solutions Lab launched its sixth challenge, to advance the financial health of workers and students who are developing in-demand skills that prepare them for the future of work. The challenge will cultivate, support and scale fintech solutions that benefit people who face persistent financial health challenges.
Who should appy?
This Challenge aims to identify and develop fintech solutions and partnerships that are advancing the financial health of workers and students who are developing in-demand skills to prepare them for the future of work.
We are looking for innovative start-ups and nonprofits who are:
- Providing fintech solutions to the currently employed, either full-time or as a participant in the gig economy.
- Addressing the challenges of building the workforce of the future, including helping workers access training or seek higher education to either enter, rejoin, or advance their careers.
What do selected companies recieve?
Fintech organizations will receive:
- Up to $125,000 in capital.
- Professional services assistance from industry leaders.
- Mentorship from the Financial Health Network and JPMorgan Chase employees.
How do I apply?
Follow this link! Applications are accepted through January 6th, 2020.