[direwolf20]

NLNET is always coming up at FOSDEM. Since they have a decent track record of issuing grants, the EU delegates them some money to use in their own less bureaucratic granting process. They call this "cascade funding". NLNET has funded a lot of random individual projects you can find on their website. Nominally, your proposal must have something to do with their goals.

This year there is more emphasis on bringing complete solutions to market. Previously they were funding much more experimentation.

[menaerus]

> This year there is more emphasis on bringing complete solutions to market. Previously they were funding much more experimentation.

That's the step in the right direction however there's what I believe is a major issue with the NLNET scheme - there is no fastrack possibility for really great ideas with very potent market impact - you have to spend (lose) ~year to prove your idea is worthy by applying to Zero Commons or similar grant instead of just getting the 200-500k to really get the project hitting the ground.

One year is exceptionally long period in tech, and if the idea is right, you need to have all the resources to execute it - working solely on the project for the whole year for 50,000 EUR is simply not the strategy that can work out in a highly competitive (world) space.

[direwolf20]

How should they know your project is worth investing 500k? I heard they've got 3x8M, per year I presume, so 500k is a huge chunk of that. Everyone thinks their project is worth 500k, what makes yours different from the rest?

[fvdessen]

> How should they know your project is worth investing 500k? I heard they've got 3x8M, per year I presume, so 500k is a huge chunk of that. Everyone thinks their project is worth 500k, what makes yours different from the rest?

Well that's the job of VCs, that's what they're expert at.

There's also another model where established industrial communities set up research centers to fund projects that might help their common problems.

[menaerus]

Yes, many might believe that their project is worth more than it really is but in my proposition authors of the idea are not the ones who get to decide that but people from NLNET or whatever grant. What I am saying is that currently there is no such process at all and this is a foundational problem with the way how these grants are working.

[direwolf20]

Another question is what you need 500k for, for an unproven project?

[menaerus]

Did you not understand any of the words I wrote?

[direwolf20]

I guess not. Can you specify it in more concrete terms? They're not just buying your project for an arbitrary price, or VC-investing, they're paying your living costs and hosting costs while you create a donation to the public good, that's how grants work.

They give you 500k if you have a really good reason why you need that... and why the result is worth it... and why your project is more worth it than all the other several projects, combined, they could spend the same 500k on. Most of them are one or two people's living cost for 6 months to a year or so.