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id: 685b30b5-2a8d-4aca-9aeb-92b530b0739f | ||
post_type: article | ||
isFeatured: true | ||
title: Announcing the Seed Grant Program | ||
seoTitle: Seed Grant Program | Starknet | ||
toc: true | ||
published_date: 2024-05-06T13:09:40.732Z | ||
image: /assets/seed-grant-program.png | ||
category: | ||
- 757155c6-ce07-49f1-af21-907b7e0b1cb1 | ||
topic: | ||
- 25c0a1fa-dd14-4179-98e6-7f4a98b66854 | ||
- e0c85dbe-08f9-4a19-a8b0-e99852c84cb5 | ||
blocks: | ||
- type: markdown | ||
body: >- | ||
Today, the Starknet Foundation is excited to announce the launch of our | ||
[Seed Grant Program](https://www.starknet.io/en/ecosystem/grant). | ||
Designed to provide teams with grants of up to $25,000 USDC, the Seed Grant Program will accelerate and usher in a new wave of cutting-edge dApps, infrastructure, and tooling products across all categories in Web3. | ||
## Who can qualify? | ||
The Seed Grant Program aims to support early stage teams with non-dilutive funding to support their go-to-market efforts. | ||
This new program is intended for projects that have already developed a minimum viable product (MVP) or proof of concept, but haven’t yet gone to market and acquired a core group of users yet. | ||
Consider applying for a Seed Grant if you or your project satisfy the following criteria: | ||
* actively involved in the Starknet community and / or participated in a Starknet hackathon, builder program, or other entry-level initiative; | ||
* developed an MVP or proof of concept; and | ||
* planning on using or building upon existing Starknet tools and integrations. | ||
## Grant Amounts | ||
The Seed Grant Program will allocate eligible teams with grants of up to $25,000 USDC for a period of three months. | ||
## Application Process | ||
1. **Application** – apply via our [grant submission form](https://tinyurl.com/snf-seed-grants) to submit your project. | ||
2. **Internal Evaluation** – an internal committee will assess each application based on potential impact, innovation, milestones, community engagement & track record, and embeddedness with the Starknet ecosystem. | ||
3. **Results** – results will be communicated to applicants within two weeks. | ||
4. **Onboarding** – successful applicants (Grantees) will need to complete KYC and sign a grant agreement before receiving funding. | ||
5. **Post Grant Check-in** – after three months, the Foundation will check-in with Grantees and assess the results. The Grantees should share regular updates (blog posts, videos, AMAs etc) with the team to assist in this process. | ||
## Who is Not Eligible | ||
This program is not for mature stage projects. If your product has been live on mainnet for over three months and/or has a core group of users already, it will not be eligible for a Seed Grant. | ||
We do not accept applications related to: | ||
* Gambling | ||
* Drugs | ||
* Firearms | ||
* Illicit trade | ||
* Money laundering | ||
* Any criminal activity | ||
## About Starknet | ||
Starknet is a decentralised layer two building on top of the Ethereum network. From the beginning, Starknet has led innovation with the invention and application of ZK-STARKs as the first validity-proofs to settle on Ethereum. As we continue forward, we believe Starknet will be the first to reach the high transaction rates necessary for a global scale without sacrificing the blockchain first principles lost in the pursuit of scalability. |
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