NEAR

NEAR Ecosystem announces $250 million in grants funding

  • NEAR Grants Program (NGP) launched earlier this year in February 2021 
  • $45M allocated across 120+ projects YTD
  • NEAR Foundation plans to allocate this funding over the next 4 years

For more information on our recently announced funding initiatives at NEARCON, learn more here.

NEAR Grants Program

The NEAR Grants Program (NGP), directed by the NEAR Foundation, provides funding and resources to expand the NEAR ecosystem.

The program supports projects that share NEAR’s mission: to create a network that empowers millions of people to reimagine business, creativity, and community for a more scalable and inclusive future.

Refer & Earn

NEAR has launched the Refer and Earn campaign to onboard more projects. Public Ecosystem Members and NEAR Foundation Employees that successfully refer projects into the Grants Program, earn a bonus of up to $10k paid in $NEAR.

NEAR Foundation Grants Streams

To apply for a grant please review the grant options below and apply! Please reach out to grants@near.foundation with any questions.

Open Source & Public Goods

For devs of open source components, whether standalone or part of a project.

Startups

For entrepreneurs looking to bootstrap a Dapp into the NEAR ecosystem.

Education Initiatives

For educators to create tutorials, videos, workshops, or write docs for builders.

Requests-for-Grants

For specific initiatives and projects the foundation is looking to have built.

Grants Process

Here’s how the NEAR Grants Program process works, from application to finish line.

Step 1: Choose a Category

If your project fits into one of these 4 grant streams and aligns with the NEAR mission, you’re a candidate for the NEAR Grants Program. To see examples of successful applications, check out the Pilot Program grant recipients.

Step 2: Submit your Grant Application

Make sure you thoroughly complete the application form and clearly state how your project will contribute to the NEAR ecosystem. If you’re applying for a Request-for-Grant, please clearly indicate that on your application form.

Step 3: Evaluation & Approval

The NEAR Grants Committee will review your application within two weeks. If your proposal meets the program criteria, you will be invited to an interview with two committee members.

Step 4: Acceptance or Denial Notification

All applicants will be notified whether their application has been accepted or denied. If your application is accepted, at this point, you will go through the agreement formation process.

Step 5: Onboarding

Once all your paperwork is complete, your team will onboard to the NEAR Grants Program. We’ll set you up with clear timelines, accountability metrics, and reporting expectations and will be here to support you every step of the way.

Step 6: Launch Your Project

When your timeline is complete and your project ready to ship, we’ll support your launch and help share your work with the NEAR ecosystem.

Frequently Asked Questions

What happens once my application is submitted?

Once your team has applied, you will receive a confirmation email and can view your application’s status within Submittable.

How long is the process once we’ve applied?

Typically the entire application process will take about six weeks.

What does the application process look like?

The Grants Committee goes through four internal rounds of approvals. Applicants move through the following evaluation stages:

  • Initial Screen
  • Technical Review
  • Interview
  • Committee Review & Decision

I have more questions. How can I get in touch?

You can reach out at grants@near.foundation and we’ll help you out!

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