Application Guide for the $25,000 Wachovia Wells Fargo NEXT Awards
Applications for the 2010 Wachovia Wells Fargo NEXT Awards for Opportunity Finance were due on April 30th at 5:00 P.M Eastern Standard Time. No more applications will be accepted. Applications are now being reviewed.
The $25,000 Wachovia Wells Fargo NEXT Awards recognize CDFIs and other opportunity finance institutions that have best demonstrated and defined excellence in the past two years. There are four $25,000 Wachovia Wells Fargo NEXT Awards awarded each year.
The awards recognize CDFI achievements in four different categories:
- Advocacy: For actively demonstrating leadership in policy and advocacy at the local, state or national level and having a policy success story associated with their organization’s leadership.
- Community Impact: For demonstrating measurable outcomes associated with their delivery of the products and services.
- Financing: For delivering significant amounts of financing to underserved communities.
- Innovation: For developing effective new strategies to grow their organization in a sustainable manner and bring their financing to scale or bring financing to scale in partnership with others.