Purpose
The Celo Foundation (“Foundation”) Grants Program is an open program that supports projects that are committed to Celo’s mission of building a financial system that creates the conditions for prosperity for all. The Foundation believes that by working together we can collectively help the world prosper.
Principles
The Foundation provides entrepreneurs capital and mentorship to projects that are accelerating technical development and expanding the Celo ecosystem. It is an open program where anyone is encouraged to apply.The Celo Foundation Grants program has 4 guiding principles:
- Transparency: The Celo community has visibility into the evaluation process and decision-making framework. Decisions are communicated to the applicants. Most applicants will have the opportunity to schedule office hours to understand how they might improve their application, when possible. All Foundation Grant awards are published to the community
- Fairness: Members of the Celo Alliance and non-members’ applications will be evaluated similarly. Celo Alliance members’ applications will not be given preferential treatment.
- Openness: The Foundation prefers open-source projects that benefit the community.
- Growth: The grant program is intended to encourage development in the Celo ecosystem. It is not a source of venture capital funding. We encourage teams that are actively fundraising to apply to the Polychain Ecosystem Fund or Flori Ventures.
