> ## Documentation Index > Fetch the complete documentation index at: https://docs.boundlessfi.xyz/llms.txt > Use this file to discover all available pages before exploring further. # Grants overview > Introduction to grants on Boundless: application-based funding released milestone by milestone. You can browse grants and apply today. Some organizer and milestone screens are still rolling out, where a flow isn't fully in the app yet, this guide describes how it works. Grants on Boundless fund projects through an application process and milestone-based payouts. Funds are held in [on-chain escrow](/concepts/escrow-and-human-review) and released as milestones are completed and approved. Every grant pays out milestone by milestone, never a single lump sum up front. ## Key concepts * **Grant program** A funding pool and set of rules (e.g., focus area, eligibility). See [Run a grant program](/organizers/run-a-grant-program). * **Distribution** How the budget is split across winners. Each winning position (1st, 2nd, 3rd…) gets a set share, and the shares add up to 100%. See [Grant types](/contributors/grants/grant-types). * **Application** Your proposal, broken into the milestones you'll deliver. See [Apply for a grant](/contributors/grants/apply). * **Milestone delivery** How you submit work and receive each payout. The program approves each milestone before funds release. See [Deliver milestones](/contributors/grants/deliver-milestones). ## For applicants * Find a [grant program](/organizers/run-a-grant-program) that fits your project. * Submit an application; if accepted, deliver [milestones](/contributors/grants/deliver-milestones) to receive funding. ## For funders * Create or sponsor grant programs and set criteria. * Review applications and approve milestone completions to release funds. ## Related * [Grant types](/contributors/grants/grant-types) * [Application process](/contributors/grants/apply) * [Milestone delivery](/contributors/grants/deliver-milestones) * [Grant programs](/organizers/run-a-grant-program)