Center for Financial Services Innovation (CFSI)

Posted by on April 29, 2005

CFSInnovation Special Announcement

The team at The Center for Financial Services Innovation (CFSI) is proud to announce its 2005 Request for Proposals seeking candidates for investment and grant awards. CFSI will provide between $750,000 to $1,000,000 to both nonprofit organizations and for-profit companies, focusing on pioneering yet practical applications that move underbanked, low-income consumers towards wealth creation. The emphasis will also be on projects that leverage partnerships, and organizations that can demonstrate that they can become profitable or financially self-sustaining.

We are particularly interested in stored-value card solutions, remittances with ties into savings vehicles, workplace-based solutions, alternative credit scoring, bank-nonbank partnerships, and self-service delivery channels.

Download the request for proposals at <a href="http://www.cfsinnovation.com/investment.php">http://www.cfsinnovation.com/investment.php</a>. Nonprofit RFP’s are due May 16, 2005. For-profit business plans are accepted on an ongoing basis.