TD Ready Challenge to help communities transition – Aug 11

Posted by TD Bank on July 12, 2022

TD Bank invites applications for 2022 TD Ready Challenge

TD Bank is inviting applications for its annual TD Ready Challenge, which supports organizations in developing innovative, impactful, and measurable solutions for a changing world.

The 2022 TD Ready Challenge is focused on supporting solutions designed to help people and communities who may be disproportionately affected by climate change to prepare for, adapt to, and help mitigate the potential impacts of climate change and/or to work towards a transition to a low-carbon economy.

The 2022 TD Ready Challenge aims to provide financial support to organizations that have designed innovative, scalable, and/or replicable solutions focused on, but not limited to, one or more of the following: providing support to address specific needs of those communities and/or people who will most likely be disproportionately impacted by climate change (e.g. physical and/or mental health support programs, programs that support flood prone communities) to mitigate the effects of climate change; providing support to communities and/or workers affected by closures of carbon intensive industries or sectors, or are seeking to transition to the low-carbon economy (e.g. training and upskilling people from disproportionately impacted communities for low-carbon industries); supporting the development of cleantech entrepreneurs, businesses, and companies that are focused on the development of low-carbon power generation and/or efficient energy solutions; innovation in sustainable land use to help support the decarbonization of working landscapes; and large-scale green infrastructure solutions that are focused on improvements such as decreasing the effect of urban heat islands, such as removal of pavement and replacement with alternative ground cover, and improving existing infrastructure’s ability to capture stormwater flow and reduce flash floods.

In 2022, up to 10 grants will be available under the TD Ready Challenge for Canada and the United States. Eligible Canadian-based organizations can apply for CDN$1 million, and eligible U.S.-based organizations can apply for USD$1 million.

Eligible applicants include Canadian registered charities and not-for-profit organizations; or U.S. charitable and not-for-profit organizations which meet the following criteria and can provide written confirmation of same: have received section 501(c)(3) determination from the Internal Revenue Service; or are treated by the IRS as an organization that is not a private foundation as described in Sections 509(a)(1),(2) or (3) of the Internal Revenue Code (the “IRS Code”); or are a local/state government organization.

For complete program guidelines and application instructions, see the TD Bank website.

Deadline: August 11, 2022 4:00 p.m. ET