AMP’s Tomorrow Fund is open! If you want to apply for grants up to $100,000, check out AMP Foundation’s tips to make your application stand out.

AMP Tomorrow FundEach year since 2014, the AMP’s Tomorrow Fund has awarded $1 million in grants to amazing Australians doing great things.

Until 9 June, the AMP Foundation is offering innovative and talented individuals of all ages, walks of life and interests the opportunity to apply for Tomorrow Fund grants of up to $100,000.

To date the Fund has awarded grants to more than 300 individuals – who are known as Tomorrow Makers. They are a hugely diverse alumni of achievers, who are pursuing goals across many fields, including social enterprise, science, sport, art, technology, medicine and music.

Tomorrow Fund grants can be used for a range of activities that help individuals to make a positive impact on the community – be it by creating something special or inspiring others. For example, funds can be used for research, travel, rent, resources, technology and equipment costs.

Because of this flexibility and breadth, the Tomorrow Fund has earned a reputation for filling in funding gaps. The relatively uncomplicated application process – which asks individuals to outline their goal and the steps taken toward it so far, alongside their next steps and a basic budget  – makes it especially attractive to social entrepreneurs, artists and sports people who are new to grant-seeking or may not have grant-writing support.

“We take great pride in running an accessible program,” said Head of AMP Foundation Helen Liondos, who saw a gap in the funding environment almost a decade ago.

“The aim is to take the complexity out of accessing funding and supporting individuals to build a better tomorrow.

However, the program’s wide appeal does not mean the quality of applicants is not high.

“We are increasingly receiving applicants of an exceedingly high standard, which may be due the rise in founders and entrepreneurs, as well as the scarcity of funding opportunities for individuals – including academic researchers – who can’t be pigeonholed.

“We have a small team at the Foundation, but one that is very committed to guiding applicants. The six-week application period is intense, but the process always provides a good insight into the needs that exist within the community.”

Given the uniqueness of this program and the range of applicants, the team has become adept at giving advice. Here they share the top five things they look for in an AMP Tomorrow Maker:

  1. Doers not dreamers: We all have dreams but it takes real courage to take the initiative to roll up your sleeves and act. We ask applicants to demonstrate that they have already started working towards their goal – to prove it is more than just an idea. They are getting it done, but just need a financial boost to take their project or passion to the next level.
  2. Individuals with a collective mindset: AMP’s Tomorrow Fund was designed to support individuals who have the determination to succeed but may not have the backing of an established organisation. So it’s ideal for charity founders and social entrepreneurs of all stripes, as well as individuals pursuing their sporting, health, education and artistic passions. It’s all about celebrating the power of an individual to bring about positive change.
  3. They need a break: The Tomorrow Fund aims to seek out those hard-working individuals who may not have yet been able to access significant funds. While we do fund people who have already received grants or some community support, the Foundation team will look at what has been provided already and the likelihood of receiving more. In some cases, a grant from us may be the last piece in the fundraising puzzle to move someone ahead.
  4. They think differently: We like people who think outside the box (doesn’t everyone!) and can see a new approach to an old problem. Our assessors will consider if the applicant is duplicating a service or trying something new. Perhaps they are not reinventing the wheel but are working on a way to tweak it or makes things easier.
  5. This is bigger than them: Tomorrow Makers are trying to make Australia a better place. While they may get great satisfaction from their work – whether it’s making music, undertaking scientific research or running an education service for the community – they ultimately want to share their talents and knowledge with the community. It’s not about fame or fortune, but leaving the world a better place.

For a chance to share in this year’s $1 million grant pool, individuals of all ages and walks of life can now apply online at ampstomorrowfund.com.au until 4pm (AEST) on 9 June. And for extra guidance, check out the FAQ page.

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