Education Cannot Wait Resource Mobilization Challenge
ECW is seeking proposals for bold ideas to help address the billion-dollar finance gap for education in emergencies and protracted crises. Ideas should be substantive and have the potential to raise at least US$50 million per year continually (or US$100 million total once, if a onetime effort). Sources should allow the provision of grant funding as ECW is committed to providing equal and free education.
GOAL AND DELIVERABLE
The goal of the Challenge is to surface new and actionable ideas for large scale resource mobilization efforts with a real potential for implementation. Deliverable of the Challenge will be a unique idea and a business plan for implementation.
ECW will award up to three prizes of up to US$25,000 to those who can offer the best, most innovative and credible idea and a business plan for resource mobilization. In addition to the cash prize, ECW may consider supporting the implementation of winning proposals with seed funding.
Learn more during a webinar in July, 2018
Submit your idea by July 31, midnight in New York.
Present your idea to our Grand Jury, potentially in person, at the margins of the UN General Assembly in the
third week of September 2018.
Turn your top three award-winning idea into a business plan for implementation by January 31, 2019.
Continue to work with us and bring education to children and youth in emergencies.
IDEAS WE ARE LOOKING FOR
Bold and large-scale: Ideas should be substantive and have the potential to raise at least US$50 million per year if they are for a continual resource mobilization effort or US$100 million total once, if they for a onetime resource mobilization effort)
Grant funding: Education in emergencies and protracted crisis requires grant funding as ECW supports children and youth with free education. The proposed idea should mobilize resources that lend themselves to finance free education.
Funding for education in emergencies and protracted crisis: Resources mobilized should be without restrictions to finance education in emergencies and protracted crisis in countries affected by conflict and war, natural disasters, pandemics, or refugee crisis and internal displacement.
New sources of finance: ECW is seeking to identify and tap non-traditional sources of financing beyond bilateral donor contributions and mainstream philanthropy. Proposed ideas should not compete with or crowd out existing funding for education in emergencies.
ECW mission and humanitarian principles: Resources mobilized should not conflict with the ECW vision to create a world where all children and youth affected by crisis can learn free of cost, in safety and without fear in order to grow and reach the full potential. They also should not conflict with the humanitarian principles of humanity, neutrality, impartiality, and independence
How to apply:
WHAT TO SUBMIT:
We ask you to submit your idea with the following information:
Idea: What it is, why it works, and how it is different from other funding sources (max 400 words).
Potential: Estimated fundraising potential, including assumptions made (max 300 words).
Implementation: Outline for implementation including a realistic timeline (max 400 words).
Costs: Estimated start-up costs and ongoing costs - the budget (max 150 words).
Risks: Assessment of risks and potential implementation hurdles such as technical, political, financial (including potential and perceived risks to achieve resource mobilization targets), and/or partnership risks (max 150 words).
SELECTION CRITERIA AND PROCESS:
Your idea will be evaluated against the following criteria:
Innovation: How new, promising, and viable is the proposed solution? (30 points)
Resource mobilization potential: What level of new and additional resources is it likely to generate and over what time frame? (25 points)
Implementation: how realistic is the proposal in terms of implementation? (25 points)
Costs: What would be estimated start-up costs and ongoing costs for resource mobilization? (10 points)
Risk: How well are potential risks captured? How likely is it that these risks can be managed? (10 points)
Your idea will be evaluated in multiple stages. First, a team of technical evaluators will long-list the most promising 50 Submissions based on the criteria outlined above. Following that, in a second round, technical evaluators will short-list the best 8-10 ideas based on the same criteria. A Grand Jury will pick up to the three best ideas.
For more information, consult the Request of Expression of Ideas (download pdf file) (EOI) of the ECW Resource Mobilization Challenge.
Any additional questions can be send to firstname.lastname@example.org .
Submit your idea at http://www.educationcannotwait.org/challenge