RFP Grant Program Update Empowers Sui Builders
Updates to the Request for Proposals program affect the cadence for submissions, making a distinction between long- and short-term projects.
The Sui Foundation is launching an updated Request for Proposals (RFP) program, with changes that offer greater opportunities for builders to leave their mark on Sui. Major updates involve the cadence of the RFPs, addressing both long- and short-term projects.
This updated RFP process will drive impactful development and community collaboration by directly funding projects that more closely align with the needs of Sui’s ecosystem.
The RFP program plays a pivotal role in providing the tools needed for accelerated growth within the Sui ecosystem. Each RFP clearly defines a specific area of focus, encouraging developers to propose solutions that address these specific challenges and build them if funded. This approach enables more focused and effective development towards key gaps within the ecosystem through targeted grant funding.
Changes to the RFP program
The revamped RFP program will now feature two key additions:
- Rolling RFP cohorts: On a rolling basis, RFPs addressing specific long-term needs will be released. These cohorts allow for larger scope projects that require time and deep involvement from builders.
- Flash RFPs: These are designed for short-term projects that provide quick, impactful solutions to pressing needs. These are meant for immediate needs within the ecosystem, and will be issued on a rolling basis.
The path to project funding
To ensure transparency and a smooth process, the RFP 2.0 program follows a clear and structured path:
- Application submission: Builders and teams can submit their proposals via the Sui Grants Hub. Each RFP has a defined application window, and we encourage participants to only submit proposals that directly address the goals outlined in the RFP.
- Review period: After submission, each proposal will be reviewed and assessed based on their alignment with RFP requirements and the project’s overall feasibility. A dedicated RFP committee will then shortlist candidates and vote on the final proposals to be awarded funding.
- Identity verification: To maintain transparency and accountability, selected builders and teams will undergo an identity verification process.
- Grant agreement: Once selected, a grant agreement that outlines the project’s milestones, deliverables, and timeline must be signed. With the agreement in place, the builders can begin developing their project.
RFP cohort 2 is live!
Calling on all skilled builders, passionate community members, and creative thinkers to join us in shaping the future of Sui. RFP Cohort 2 is now live, offering a range of opportunities for developers to contribute to the ecosystem’s evolution. From seasoned builders to people bringing a fresh perspective, we encourage everyone to visit the Sui Grants Hub and explore the possibilities.
Join us on this journey and help create the next wave of innovation within the Sui ecosystem. Start building today!
Note: This content is for general educational and informational purposes only and should not be construed or relied upon as an endorsement or recommendation to buy, sell, or hold any asset, investment or financial product and does not constitute financial, legal, or tax advice.
