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Radix Booster Grants: Apply Now!
As part of the 250M XRD ($10M+) Ecosystem Fund, developers and entrepreneurs can now apply for Booster Grants and receive up to $160,000 in XRD to support the development of their dApp on the Radix network.
Learn more about the Radix Ecosystem Fund and other funding opportunities for builders.
What is the Radix Booster Grant?
Following the success of the Babylon Booster Grants, which supported 20 teams launching their dApp at the Babylon Mainnet upgrade, the Booster Grants are expanding in scope and become an “always on” part of the Radix developer ecosystem support.
Teams enrolled in the Radix Booster Grants receive:
- Up to $160,000 in XRD
- Networking opportunities with grants alumni and the Radix community
- Co-marketing opportunities
- Access to partner offers such as AWS credits and Hacken audits
- Exclusive dApp features via the "Runs on Radix" campaign
- And more to come!
Who can apply?
Individuals and teams who are building a dApp on Radix can apply. The Booster grants cover 4 consecutive tracks, teams can receive each grant once and receive a total funding of up to $160k*.
The MVP Booster - $5,000 in XRD
This track is for those who are building the first MVP of their dApp either on Radix Stokenet (testnet) or as a beta version on Radix mainnet.
The Launch Booster - now $15,000 in XRD
Once a team has tested their MVP and claimed the MVP Booster Grant, they can apply to the Launch booster to launch their product on Babylon mainnet.
The Refine Booster - up to $50,000 in XRD
Teams can apply for a Refine Booster Grant in order to improve their dApp and traction and get ready to apply for a Growth Booster Grant. This track is optional meaning that teams can apply directly for a Growth Booster Grant if they are ready.
The Growth Booster - up to $140,000 in XRD
The Growth Booster Grant aims to support teams to reach their seed stage. Teams applying to the Growth Booster Grant will pitch to the RDX Works Ecosystem investment team. Teams need to present a strong plan to reach their growth goal both in terms of product development and business and marketing. They also need to include a detailed budget to support their grant request.
Additionally, teams will be able to apply for additional funding to cover some of the costs of their code audits.
*The $160k available per project includes all tracks of the Booster grants and previous Radix grants (Babylon Booster grants and the Radix grant program cohort 1). It doesn’t include the Foundry Program or Milestone and Fundraising rewards (see below), which teams can get in addition to the total of $160k distributed via the Booster grants.
Note: if you are starting with Scrypto, check out the developer incentives!
How to apply for the grant?
Simply fill out the form below to apply for a Booster grant.
Typically, the application and claim process will follow the steps below. The process to apply and claim each grant’s track differs slightly, you will receive all information via email when filling the application form.
- Step 1: Apply via the application form below: Completing the application form takes about 30 to 60 minutes and involves a brief 1-minute video to introduce your team. Based on the volume of applications received, you can expect to receive an email update regarding your application within 1 to 2 weeks.
- Step 2: 10-minute interview: Should your application be approved, you will be invited to participate in a brief interview call to delve deeper into your project.
- Step 3: Project scope and agreement: Each grant is linked to your project reaching a milestone within a set deadline. The milestone (scope) and deadline are set together with each team as part of the grant agreement.
- Step 4: KYC or KYB: In order to receive the funds, you must pass KYC or KYB.
- Step 5: Claiming the grant: Upon reaching the deadline or fulfilling the project’s defined scope, you can claim the grant. The ecosystem team will test your dApp to assess if the grant scope has been fulfilled.
- Step 6: Payment and promotion: As soon as your project has been reviewed and approved, processes for paying the grant and promoting your project will start.
As described above, progressing from application to reaching your milestone and securing the grant can span several months. Therefore, you are encouraged to apply as soon as possible. Applications are reviewed continuously.
Apply now for the Radix Booster Grants
Frequently asked questions
What is the amount of funding provided by the grant?
The Booster grants cover 4 consecutive tracks, teams can receive each grant once and receive a total funding of up to $160k*.
- The MVP Booster - $5,000 in XRD
- The Launch Booster - $15,000 in XRD
- The Refine Booster - up to $50,000 in XRD
- The Growth Booster - up to $140,000 in XRD
*The $160k available per project includes all tracks of the Booster grants and previous Radix grants (Babylon Booster grants and the Radix grant program cohort 1).
Can I apply for several tracks simultaneously?
Projects can apply for each track once, consecutively, not simultaneously. You can apply for the MVP Booster first and apply for the Launch Booster after you receive the MVP Booster. You can then apply for the Refine and/or Growth booster.
How and when are the grants distributed?
Grants are distributed based on your project reaching a milestone. The scope of the milestone and its deadline are defined during the application process and vary across each project. Progressing from application to reaching your milestone and securing the grant can span several months. Therefore, we encourage you to apply as soon as possible. Applications are reviewed continuously.
Do I need a working MVP to apply?
Not necessarily; you can apply to the MVP Booster track with the aim of building your MVP as a milestone to receive the grant.
Can I apply if I already received a grant?
Yes, you can apply for each track consecutively.
Moreover, the $160k available per project for the Booster grants includes all tracks of the Booster grants and previous Radix grants (Babylon Booster grants and the Radix grant program cohort 1).
Can I apply for multiple grants at the same time?
Yes, however your team size and ability to manage multiple initiatives at the same will be taken into account.
In addition to the Booster grants, you can apply for other grants and rewards from the Radix Ecosystem Fund, including Audit Grants, Milestone rewards, and Fundraising rewards. Learn more on the Ecosystem fund page.
Is there any reporting required after receiving the grant?
After receiving the grant, there is no requirement to report on the use of funds or expenditures.
Can I apply with a project that has already launched on another L1 but needs more funding for future development?
Yes, projects built on other blockchains or Layer1s seeking to expand to Radix are encouraged to apply.
If you already have a dApp running on Radix, you are eligible to apply for funding to develop additional products or significant new features for your dApp.
Simply fill out the application form and the Ecosystem Investment team will recommend the best grant for your project.
Do I need to pass KYC to receive the grant?
All individuals and teams must pass KYC or KYB to receive the grant.
Can anyone from any country apply?
Please visit the following link to find out about restricted countries.
What happens if my project is not selected?
We understand that it can be disappointing not to be selected, and it certainly doesn’t mean you shouldn’t keep building your project further. We encourage you to refine your project and apply again as soon as you are ready.
Can I apply again if my project is rejected?
Yes, we encourage you to refine your project and apply again as soon as you are ready.
What if I don’t meet the deadline for my project scope after being selected?
Developing a product isn’t easy; we understand that delays can happen. The developer ecosystem team will contact you to check if you are on track to meet the deadline. If needed, the deadline can be reviewed and possibly extended by a few days. If you need a lot more than originally planned, you will be asked to apply again once you are ready.