Mastercard Strive USA Innovation Fund

Innovative solutions to drive small business growth and financial resilience The Strive USA Innovation Fund supports early-stage digital and data-first solutions that solve for the challenge of getting capital, going digital and growing networks and know-how. The Innovation Fund has made $1 million in grants available to enable community financial institutions (CFIs) and business support organizations (BSOs) to test data-driven digital tools, approaches, products and services that are in early stage or require support to prove a high potential concept. This grant opportunity helps grantees to grow their next big idea. The Mastercard Strive USA Innovation Fund has offered 501c3 CFIs and BSOs the opportunity to submit a grant application for up to $250,000 to support their proposed solution. Each grant awarded by the Mastercard Strive USA Innovation Fund will have a term of no less than 12 months and no more than 18 months, during which time applicants should demonstrate the efficacy of their solution and potential for scale.