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| 1 | +id: 685b30b5-2a8d-4aca-9aeb-92b530b0739f |
| 2 | +post_type: article |
| 3 | +isFeatured: true |
| 4 | +title: Announcing the Seed Grant Program |
| 5 | +seoTitle: Seed Grant Program | Starknet |
| 6 | +toc: true |
| 7 | +published_date: 2024-05-06T13:09:40.732Z |
| 8 | +image: /assets/seed-grant-program.png |
| 9 | +category: |
| 10 | + - 757155c6-ce07-49f1-af21-907b7e0b1cb1 |
| 11 | +topic: |
| 12 | + - 25c0a1fa-dd14-4179-98e6-7f4a98b66854 |
| 13 | + - e0c85dbe-08f9-4a19-a8b0-e99852c84cb5 |
| 14 | +blocks: |
| 15 | + - type: markdown |
| 16 | + body: >- |
| 17 | + Today, the Starknet Foundation is excited to announce the launch of our |
| 18 | + [Seed Grant Program](https://www.starknet.io/en/ecosystem/grant). |
| 19 | +
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| 20 | +
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| 21 | + 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. |
| 22 | +
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| 23 | +
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| 24 | + ## Who can qualify? |
| 25 | +
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| 26 | +
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| 27 | + The Seed Grant Program aims to support early stage teams with non-dilutive funding to support their go-to-market efforts. |
| 28 | +
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| 29 | +
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| 30 | + 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. |
| 31 | +
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| 32 | +
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| 33 | + Consider applying for a Seed Grant if you or your project satisfy the following criteria: |
| 34 | +
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| 35 | +
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| 36 | + * actively involved in the Starknet community and / or participated in a Starknet hackathon, builder program, or other entry-level initiative; |
| 37 | +
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| 38 | + * developed an MVP or proof of concept; and |
| 39 | +
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| 40 | + * planning on using or building upon existing Starknet tools and integrations. |
| 41 | +
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| 42 | +
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| 43 | + ## Grant Amounts |
| 44 | +
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| 45 | +
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| 46 | + The Seed Grant Program will allocate eligible teams with grants of up to $25,000 USDC for a period of three months. |
| 47 | +
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| 48 | +
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| 49 | + ## Application Process |
| 50 | +
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| 51 | +
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| 52 | + 1. **Application** – apply via our [grant submission form](https://tinyurl.com/snf-seed-grants) to submit your project. |
| 53 | +
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| 54 | + 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. |
| 55 | +
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| 56 | + 3. **Results** – results will be communicated to applicants within two weeks. |
| 57 | +
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| 58 | + 4. **Onboarding** – successful applicants (Grantees) will need to complete KYC and sign a grant agreement before receiving funding. |
| 59 | +
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| 60 | + 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. |
| 61 | +
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| 62 | +
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| 63 | + ## Who is Not Eligible |
| 64 | +
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| 65 | +
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| 66 | + 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. |
| 67 | +
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| 68 | +
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| 69 | + We do not accept applications related to: |
| 70 | +
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| 71 | +
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| 72 | + * Gambling |
| 73 | +
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| 74 | + * Drugs |
| 75 | +
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| 76 | + * Firearms |
| 77 | +
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| 78 | + * Illicit trade |
| 79 | +
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| 80 | + * Money laundering |
| 81 | +
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| 82 | + * Any criminal activity |
| 83 | +
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| 84 | +
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| 85 | + ## About Starknet |
| 86 | +
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| 87 | +
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| 88 | + 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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