On April 30, 2020, the Booz Allen Foundation established a $1 million Innovation Fund. Our goal: encourage nonprofits, entrepreneurs, thought leaders, innovators at colleges and universities, start-ups, and small businesses to harness the power of data, technology, and diverse intellectual capital to improve COVID-19 relief efforts and make a difference. We invited individuals, teams, and organizations to submit applications outlining their ideas and proposed projects for building lasting community resilience.
On June 5, the Innovation Fund application window closed, having received nearly 3,000 applications from all 50 states and Washington, D.C. (For more details about the application process, please see our FAQs.) The applications were evaluated by over 150 people during a multi-tiered process which culminated with a technical vetting round.
Thirty semifinalists were selected to receive pitch training and conduct virtual pitch presentations to an external group of evaluators from various backgrounds in innovation, grant making, and entrepreneurship. These external evaluators then chose the most promising 21 teams to receive grant funding, and the Booz Allen Foundation Board members reviewed the recommendations and provided final stamps of approval.
The diverse set of winning teams displayed creativity, innovative thought, and best-in-class ability to create impact. We look forward to working with them to transform their ideas into a wide range of solutions that provide relief to vulnerable populations and confront the pandemic’s most pressing challenges.
Learn more about our 21 Booz Allen Foundation Innovation Fund grant winners.