Direct grants are financial awards provided by governments, foundations, or other organizations directly to individuals, businesses, or institutions without requiring repayment. They are often given to support specific projects, research, education, or community programs. Recipients typically must meet certain eligibility criteria and may need to report on how the funds are used to ensure they achieve the intended goals.
Direct Grants should be used by individuals or projects that need financial support for specific projects,
research, educational initiatives, or community
programs.
They are ideal for those who meet the eligibility criteria set by the grantor and can demonstrate a clear
plan for utilizing the funds to achieve specific goals.
Direct Grants are particularly beneficial for startups,
researchers, educators, and community organizations looking to fund innovative ideas or expand their
impact without incurring debt.
The Uniswap Grants Program
Funds Projects That Help
Grow the Uniswap Ecosystem,
including content, events, developer tools, and governance.
MolochDAO is a Decentralized Autonomous Organization, deployed on Ethereum
mainnet. Members contribute
capital with the sole intention
of giving it all away to fund
Ethereum infrastructure as an
essential digital public good.
The Ethereum Foundation
Ecosystem support program
provides grants and other
support to the builders of the
Ethereum ecosystem.
Direct Grants are a great starting
point in understanding capital allocation strategies because they are
simple, and they have a rich history.
Some notable Direct Grant programs include the National Institutes of Health (NIH) grants in the United
States, which provide funding for medical research
projects to advance public health. The Small Business Innovation Research (SBIR) and Small Business
Technology Transfer (STTR) programs also offer
Direct Grants to small businesses to support technological innovation and commercialization of new
products.
Another well-known program is the Fulbright Program, which offers grants for international educational exchange for students, scholars, and professionals
to study, teach, or conduct research abroad.
Another is the European Union’s Horizon 2020
and Horizon Europe programs provide substantial
funding for research and innovation projects across
various fields, aiming to enhance Europe’s global
competitiveness.
If you want to learn more about how you could run a Direct Grands round on Allo Protocol to fund what matters for your community, reach out here.