GitLab Foundation AI for Economic Opportunity Fund 2024

The mission of the GitLab Foundation is to improve lifetime earnings through access to opportunities. The foundation invites applications for the AI for Economic Opportunity Fund—a partnership with the foundation, Ballmer Group, and OpenAI—which aims to leverage emerging AI technologies to create economic opportunity and drive income growth.

The foundation seeks creative applications including but not limited to tools and services that improve economic opportunity across many applications, such as skill development, job matching, hiring systems, internal mobility, coaching, benefits access, de-biasing systems, data analysis and use, job quality, etc. Applicants may submit up to three concepts.

In this second year, the AI for Economic Opportunity Demonstration and Scaling Fund has evolved into a two-phase initiative:

• In the first phase, the GitLab Foundation will grant a minimum of $3.5 million to up to 14 demonstration projects. These projects will be focused on developing and deploying prototype tools, gathering user feedback and building evidence of outcomes.
• In the second phase, Ballmer Group will provide funding to scale high-potential projects, awarding either 1-year or 2-year grants ranging from $500K to $1.5M per year to a maximum of six selected grantees from the demonstration phase.

OpenAI will continue to provide both financial and technical support to grantees, including additional funding, access to early product releases, credits, and technical advice. Additional funders are encouraged to participate in helping source, review and support these high potential projects. They expect total awards over the lifecycle of this funding round to exceed $10 million.

Eligibility for GitLab Foundation

• Applicants should be US based nonprofit organizations, but they encourage partnerships between multiple organizations including partnerships between nonprofits and for-profit startups, consultants and other technology experts.
• They encourage collaborations between nonprofits and technical experts.

Check : Commonwealth Short Story Prize 2025 (up to £5,000)

Application

Concept note applications are due by October 16, 2024. Finalists selected from the concept note application pool will be invited to submit a full application on or before October 31.

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