# Overview

The Amp Grant Program backs builders pushing the digital payments ecosystem forward, offering funding and support for the projects turning real-world utility into everyday reality. The program focuses on these primary categories:

* Open source tooling
* Payment integrations
* Research
* Community building
* Educational content
* Events

Our goal is to grow the ecosystem through education and community development, emphasizing community participation and engagement. The program encourages contributions and incentivizes active participation to enhance understanding and foster the creation of payment-related projects.

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### Grant types

The Program offers three types of grants to support a diverse range of projects, each with specific review processes and response times.

**Small grants:**

* Funding: Under $10,000
* Review: Grant committee
* Response Time: 1 week

**Medium grants:**

* Funding: $10,000 - $50,000
* Review: Grant committee
* Response Time: 2 weeks

**Large grants:**

* Funding: $50,000+
* Review: Grant committee and  Acronym Foundation
* Response Time: up to 4 weeks

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### Grant process

The Program follows a structured process to ensure fair and thorough evaluation of all applications. The process includes the following steps:

1. Submit application
   * [Apply here](https://forms.gle/8sCqseaBRMwN9pik8)
2. Evaluation
   * Amp Grant Committee (AGC) evaluation
   * Acronym Foundation (AF) evaluation (for large grants)
   * Applicant interview (video call) for all grants
3. Sign grant agreement
4. Funds distribution

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### Grant disbursement

The Program ensures that funds are disbursed in a manner that supports the successful completion of projects. The disbursement process varies based on the size and nature of the grant:

* Small grants: Funds distributed after approval
* Medium grants:
  * 50% disbursed on MVP completion
  * 50% disbursed on project completion
* Large grants: Milestone-based disbursement

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