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Boundless supports different grant structures. The type determines how funds are released (e.g., in one lump sum or per milestone).

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Common types

Funding is split into milestones. You complete each milestone, submit for review, and receive that portion of the grant when approved. Most common for project-based work.
A single payout after the full scope is delivered and approved. Good for smaller or well-defined projects.
Grants that repeat (e.g., monthly or per cohort) or that fund multiple recipients under one program. Details depend on the specific grant program.

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Choosing a structure

  • Use milestone-based when the project has clear phases and you want to reduce risk for both sides.
  • Use one-time when the deliverable is small and can be reviewed once.
  • Program-specific types are described in each grant program.

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How grant amounts are set

Grants are not ranked. A program publishes its pool and the size of each grant, for example “Up to 8 grants of 2,000 to 10,000 USDC”. The count and the smallest grant are optional; when the smallest and largest are the same, every grant is that one size. Each program also decides who sets the amount:
  • You request an amount. Your application says how much you need within the range and what it pays for. You can also say what you would still deliver with less.
  • The organizer sets it. There is no amount on the application. The organizer decides your grant when they approve you.
When the organizer approves you at the amount you asked for, or more, the approval is final. If they approve you for less, or set the amount themselves, you get an offer: accept it or decline it before recipients are locked. An offer you have not answered by then lapses.
Three grants of different sizes within a 2,000 to 10,000 USDC range, each split into equal milestone payments

Each recipient's grant sits inside the program's range and is paid in equal parts, one per approved milestone.