In order to create a fair and equitable grant process, the Foundation has outlined a series of steps that every Grant application must go through. Our goal is to communicate decisions within 30 days of the application deadline. Please read through the following to ensure that your Grant will have the best chance of acceptance.
There are a few requirements that must be met to be eligible for a Celo Foundation Grant. Make sure you review the
to understand your eligibility before you apply for a Grant.
Your team has reviewed your eligibility and you are ready to apply to the Celo Foundation Grant program. Go through
one last time before deciding to apply. Once you’ve done that, you are ready to submit your application for the Celo Foundation Grants program!
Here is an overview of the steps that occur when you apply:
Step 1: Submit your Grant
Step 2: Your application will be reviewed by the Grant Committee. We will send invitations for interviews if your proposal is a good fit.
Step 3: Acceptance & Pass Notifications
Step 4: Grantee Onboarding & Milestone Setting and Mentor Matching
Step 5: Grant Period Completion & Exit Interviews
The evaluation process for new grant applications normally takes between four and six weeks.
Applications are initially vetted to ensure they fulfill the requirements. Applications that pass through the initial review phase are sent to the Grant Committee for technical review and business evaluation. Grants are evaluated across 4 criteria:
- How do you support the
Market Opportunity - How does your proposal translate into increased usage of Celo?
Technical Innovation - How does your proposal contribute to the Celo platform?
Ability to Execute - What type of success / traction have you demonstrated to date?
The Celo Foundation Grant Committee does not make Grant decisions itself, but rather offers advice on an application’s strength and usefulness to the community. Celo Foundation Grants are approved by the Celo Foundation Board of Directors.
The Celo Foundation Grant program review process includes three steps:
Interview & Evaluation
Screening. Every application is screened to ensure the basic criteria are met. The Grants team will review that:
Fields & details complete
Application is in an eligible jurisdiction
Team is an active contributor to the Celo ecosystem
If your application passes the screening phase it will move onto pre-evaluation. Here, the Grant Committee will review & score your application on a 0-12 scale. Only applications that receive a score higher than a 7 move onto the interview process. The four buckets that the Grant Committee looks at are:
Ability to execute
If you are invited to an interview, you will have 15 minutes to present. At this time, the Grant Committee will evaluate and score your project. Final recommendations will be provided to the Board for approval.