CYP Innovation Pilots

Tender description

The Children and Young People (CYP) Financial Education Innovation and Evaluation Programme aims to conduct pilots to develop and test new solutions, and/or evaluate existing but untested interventions, to address unmet need and gaps in financial education provision where there is not yet conclusive evidence on the most effective solutions. The pilots will focus on the following priority groups/activities: LOT 1: CYP under the age of seven years – key ages for financial capability development but for which there is little existing provision and few proven or promising solutions (other than Talk, Learn, Do); LOT 2: CYP in vulnerable circumstances – characteristics that we know have the strongest links to poor financial capability in CYP but for which there is no existing support or tested solutions; and LOT 3: Digital delivery – a delivery method that we know is becoming increasingly important and needed in financial education but for which there is no clear or consistent evidence of impacts on pupils’ outcomes or teachers’ practices. Providers are sought to develop and deliver existing but untested financial education interventions to fill gaps in knowledge and practice in one or more lots. The Money and Pensions Service (MaPS) will award a minimum of 3 and maximum of 8 grants across the three Lots, dependent on the quality and appropriateness of the proposals received.