Block.One venture capital arm, EOS VC, has announced a US $1.5 million in grants to enable and support promising projects and businesses built on EOSIO.
EOS VC is now accepting applications for its Grants Program in order for more EOSIO ideas to become innovations. Active EOSIO community members and those nurturing up-and-coming projects using the protocol are welcome to apply.
The grants are awarded with no ownership conditions, unlike other ongoing EOS VC investments. These grants are simply mean’t help grow and advance the EOSIO ecosystem with no strings attached on those who qualify.
There is no predefined criteria for awarding grants. Rather, applications are evaluated case-by-case. Applicants are simply asked to complete the application and provide a proposal deck, which covers the opportunity and how EOSIO blockchain software is part of the solution.
Recipients who qualify will be awarded $50, 000 each to complete milestones, and this is open to promising candidates of all stages, sizes, and industry sectors.
Kenya, Nigeria, and South Africa are just some of the African countries with EOS developer communities that stand to benefit from the $1.5 million grant.
African EOS communities who are already building on EOSIO now stand a chance to get their ideas and projects off the ground with this new grants program and are encouraged to apply today by completing the application form available on the EOS VC website here.