OpenGrants

OpenGrants is a grant search engine and marketplace of independent grant consultants.

OpenGrants is the world’s first and only full stack platform for efficient and fair grant funding. It requires an ecosystem of users to generate data that will be monetized in new ways—not by exploiting PII to serve targeted ads, but by facilitating ideal connections and improvements across the global funding ecosystem.

Every year, trillions of dollars are disbursed in the U.S. alone. Billions of dollars are wasted in archaic, siloed, ego-driven processes. Our modest goal is to improve the efficiency and efficacy of this funding by 20%.

We empower startups, nonprofits, grant writers, foundations, and government agencies to participate in a new paradigm of funding. The OpenGrants platform—a search engine and expert marketplace—unlocks non-dilutive U.S. funding for organizations around the world.

1. Grant Search (Find Grants) – Apply for existing grants that are not hosted on OpenGrants
2. Consultant Marketplace (Find and hire pros/Get hired as a pro) – Apply for existing grants that are not hosted on OpenGrants

OpenGrants Capital to Distribute Funding Fairly and Efficiently

OpenGrants Capital is a novel mechanism for distributing funding fairly and efficiently. Clients define the funding amount, number of awards, goals for the program, minimum qualifications, and terms of award. Applicants are sourced from existing OpenGrants users as well as externally. Applicants go through KYC/KYB and are vetted in a blind review by a subject matter expert. Then, a modified/weighted lottery is run. Winning applicants are awarded instantly (partially or in full) via smart contract.

Research has shown that—barring unqualified and bad actors—a lottery system is at least as effective for successful capital distribution as human review. It’s more efficient, faster, and solves major bias issues inherent in individual, board or peer reviews to create a truly fair funding program. Variable contract terms make this program applicable to a wide range of potential clients, from private foundations, to community banks, to corporate VC’s and angel syndicates.

OpenGrants Insights to Help Clients Allocate Funding

We will leverage non-PII OpenGrants user data, as well as non-PII platform interaction data, to develop insights that help clients better allocate funding to meet their goals. This can range from holistic ecosystem insights, to region-specific, industry-specific, impact-specific, technology-specific, etc. This unlocks new opportunities for funding efficacy, which is a major concern for nearly every grant maker. This product has the potential to become a moral obligation for all grant makers.

Clients may also be able to request invitations be sent to opted-in OpenGrants users on their behalf, whose profiles meet their funding goals. This solves the most intractable problem for grant makers—affordable, scalable, targeted marketing to source the right quantity of qualified applicants within very brief timelines. This alleviates existing bandwidth constraints and costs associated with event sponsorships, paid advertising and marketing consultants.