Inspired by The Awesome Foundation model, the Artup Venture Fund bestows a quarterly grant of $1,000 upon creative projects of exceptional promise. Projects are selected and awarded by the Artup Trustees – a group of community members each of whom contributes $100 dollars per month to support the grant. Projects eligible for the grant are proposals for works concentrating on art and technology.
The grant comes with only two stipulations:
- The creator presents the project idea (with preferably a demo) at an Artup.
- The
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updates with progress reports for the work
Special encouragement is shown to works that may stimulate critical conversations regarding local and technological issues, result in unconventional collaborations or display technological excellence.
The Trustees, with assigned individuals when and where possible, provide feedback and guidance to projects.
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