Who Qualifies for Family Financial Planning in Ohio

GrantID: 14059

Grant Funding Amount Low: $5,000

Deadline: Ongoing

Grant Amount High: $40,000

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Summary

If you are located in Ohio and working in the area of Veterans, this funding opportunity may be a good fit. For more relevant grant options that support your work and priorities, visit The Grant Portal and use the Search Grant tool to find opportunities.

Grant Overview

Who Should Apply in Ohio for Financial Planning Support

In Ohio, households are encouraged to apply for funding to develop a mobile application that fosters family financial planning. This initiative is targeting families who are in need of practical and accessible financial tools. The app aims to support not only budgeting but also financial literacy through features such as saving challenges and resource links tailored to Ohio-specific market conditions.

Eligibility for this funding hinges on the demonstrable need within Ohio's diverse communities. Families that struggle with financial management, particularly in urban areas like Cleveland and Columbus, where economic disparities are most pronounced, should consider applying. The initiative focuses on low to middle-income families who may not have the resources to hire professional financial advisors or the knowledge to navigate financial landscapes effectively.

Application requirements for this funding include a clear outline of the mobile application’s functionalities and a timeline for development. Applicants are encouraged to collaborate with local tech developers or financial institutions to ensure the app is user-friendly and sensitive to the specific needs of the Ohio populace. Moreover, presenting data on the targeted demographic's financial challenges will be critical during the selection process.

Ohio’s economic landscape is distinctive, characterized by a mix of manufacturing, healthcare, and education sectors. The app's design must reflect that context, integrating local resources and addressing trends in disposable income and unemployment in various counties. Thus, families in urban areas and economically challenged rural sectors are the primary focus for the initial rollout of the app’s features.

Ultimately, this mobile application represents a valuable tool for promoting financial literacy in a state that faces diverse economic challenges. By prioritizing access to budgeting tools and financial educational resources, the initiative seeks to strengthen family units and improve overall financial stability across Ohio.

Eligible Regions

Interests

Eligible Requirements

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Grant Portal - Who Qualifies for Family Financial Planning in Ohio 14059