Chicago Beyond partners with Chance the Rapper to fund $2 million plan to help city’s kids

CHICAGO -- Chicago Beyond partnered with Chance the Rapper and former Fenger High School principal Liz Dozier for an innovation challenge to help kids in the city.

Chance and Dozier took to Facebook Live Wednesday to announce the initiative.

Dozier is a managing director at Chicago Beyond, a venture philanthropy fund that works towards improving opportunities for young people. The initiative, called the Go Innovate Challenge, is designed to find and invest in smart, original programs or ideas that tackle the challenges facing Chicago's youth. It's the second year Chicago Beyond is holding the challenge.

Chance and Dozier are asking non-profits, to pitch in with thoughts on how to help the lives of struggling kids in the city. Applicants should record their ideas in a 90 second video using a mobile device.

In addition to posting live on his Facebook page, Chance also tweeted the initiative out to his followers:

You have until July 7 to upload your video, pitching your idea at chicagobeyond.org.

They will be funding winners' ideas, up to $2 million each.