FCS Associates

NESTA Rapid Recovery Challenge

Nesta’s Rapid Recovery Challenge will find and support tools and services that improve access to jobs and money for people across the UK, focussing on those hardest hit by the economic shock resulting from COVID-19.

The £2.8 million Challenge is funded by Nesta, in partnership with JP Morgan Chase Foundation and Money and Pensions Service.

The Challenge combines Nesta’s research on skills, jobs, labour market innovation and data science with our expertise in running challenge prizes. The Challenge has two streams:

  • Job Recovery Stream – this stream supports solutions that connect younger workers or those in (or who have recently lost) low-paid or insecure work into open jobs that match their skill sets. To help make these connections to live jobs, we expect solutions in this stream may also provide tailored learning, training, or advice to people seeking work.
  • Financial Recovery Stream – this stream supports solutions that help younger workers or those in (or who have recently lost) low-paid or insecure work access financial assistance more easily, manage their cash flow or, where necessary, access affordable, responsible credit.

For more information see: https://www.nesta.org.uk/project/rapid-recovery-challenge/

Location: UK

Value: £2.8m total

Deadline: 26th October 2020

Date Added: 29th September 2020

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