The Grant Program!
The $1M Compute Credits Grant is designed to empower AI-driven companies in the Web2 and Web3 spaces by providing unparalleled access to essential compute resources. Whether you’re building next-gen AI applications, exploring decentralized AI solutions, or scaling your existing operations, this grant is here to fuel your growth.
Who Should Apply?
If you’re a Web2 AI startup or a Web3 venture at the forefront of AI innovation, this grant could be your catalyst for exponential growth. We are looking for companies with a proven track record or promising concepts that leverage AI in transformative ways creating real world impact on unprecedented scales. Check your eligibility today.
Benefits of the Grant
- Unmatched Compute Power: Access cutting edge high-performance computing resources tailored for AI workloads.
- Accelerate Your Growth: Use these resources to scale your operations, train & run complex AI models, and experiment without the financial burden.
- Connect with Experts: Gain visibility and potential partnership opportunities.
Support
- AI Technology Research
- Development Tools
- Technical Integration Guidance
- Strategic Consultation
- Marketing Assistance
- Partnership Support
- Potential Incubation or Acceleration
Grant Distribution Structure Tier 1
Developed and Live-Stage Ventures with Users ($500,000 in Compute Credits) 50% of Total Grant
Established companies with a live product in the market, generating revenue or having an active user base. These ventures are focused on scaling their operations, improving their AI-driven offerings, and expanding their market presence.
Example Recipients
- Web2 AI companies with established products looking to expand features and user capacity or planning to explore Web3 opportunities.
- Web3 ventures with live decentralized applications (dApps) requiring significant compute power for user engagement and AI processing.
Support Provided
- Large-scale compute resources to handle growing user demand and optimize AI performance.
- Advanced support for integrating AI solutions into more complex or diverse environments.
- Opportunities to collaborate with leading web 3 players and scale globally.
- Enrollment in Acceleration + launch program by AITECH Pad
Criteria for Selection
- A live product with active users or customers.
- Strong growth metrics and a clear strategy for scaling.
- Proven market demand and the ability to significantly benefit from increased compute capacity.
Grant Distribution Structure Tier 2
Mid-Stage Ventures with MVP (Upto $400,000 in Compute Credits) 40% of Total Grant
Companies that have developed an MVP and are in the process of refining their product, validating their market, and preparing for a larger scale rollout. These ventures have demonstrated their concept’s viability and are working towards scaling.
Example Recipients
- AI companies who are refining AI models for specific industries.
Web2/Web3 ventures preparing for a broader market launch with a solid MVP. - Web2/Web3 ventures preparing for a broader market launch with a solid MVP.
Support Provided
- Enhanced compute resources to optimize and scale AI models.
- Strategic advice on market expansion and product refinement.
- Access to a broader network of potential partners and customers.
- Enrollment in Incubation + launch program by AITECH Pad.
Criteria for Selection
- A working MVP with demonstrable results.
- Evidence of market traction or customer interest.
- A clear plan for scaling the product and utilizing the compute credits.
Grant Distribution Structure Tier 3
Early-Stage Ventures ($100,000 in Compute Credits) 10% of Total Grant
Early-stage companies that are in the ideation or initial development phase. These ventures may not yet have a minimum viable product (MVP) but show significant potential in leveraging AI within the Web2 or Web3 spaces.
Example Recipients
- AI startups currently in the research and development phase.
- Web3 ventures exploring decentralized AI applications with a compelling idea but limited initial development.
Support Provided
- Access to compute resources to develop prototypes and train initial models.
- Mentorship and guidance on scaling AI solutions from concept to MVP.
- Networking opportunities Web3 potential investors.
- Advisory and potential Incubation, Acceleration + launch program by AITECH Pad.
Criteria for Selection
- Innovative AI concepts with a clear vision.
- Innovative business models that would attract users.
- Strong founding team with relevant experience.
- Feasibility of concept and potential for market disruption.
How to Apply
Applying is simple. Follow these steps to submit your application.
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