Funding
Here's how we'll distribute the $1,000,000 Aviva Community Fund to the top finalists.
After the finalists are ranked (See Selecting Winners to learn more about the ranking process) and their budgets are determined, The Aviva Community Fund will fund one finalist from each group (Small, Medium and Large), starting with the highest ranked. We will keep funding finalists until the entire Aviva Community Fund of $1,000,000 is used. A community funding specialist will manage the distribution of the funds. Funding will be given directly to a charity or non-profit with a business registration number as follows:
A special Broker prize will be given to one Broker-supported idea of any size. Up to $150,000 will be reserved for the “Broker Prize."
A community funding specialist will manage the distribution of the funds and identify who will implement the funded ideas as follows:
If you have entered the Aviva Community Fund on behalf of an organization or charitable group, the community funding specialist will work with you to put together an implementation plan.
Should your idea require the support of outside help, the specialist will send out a Request for Proposal (RFP) to relevant organizations such as charities, governments, and other institutions to bid on implementing the project.
After receiving bids, Aviva will walk through an impartial review process and choose the best partner organization to take on the project. We’ll carefully evaluate the bids and select the candidates who are most reliable and cost-efficient.
The organization we select will oversee the allocation of the funds, identify who will implement the idea, and ensure the project is completed efficiently and meets the highest quality standards.
