Who is eligible?
What is the size of funds available for each grant?
We expect that most grants will be between $250,000 and $500,000 depending on the project needs and potential.
Do you fund non-profits?
No. We can only fund Delaware C-corps.
Do you fund companies that are not based in the U.S.?
We only accept proposals from U.S.and Canada-based companies.
How many proposals will be funded in a given year?
Proposals are received, evaluated and funded on a rolling basis. The number of proposals we fund will depend on the quality and quantity of the submissions we receive and their fit within our funding portfolio.
We have already raised funds from other sources, can we still apply for a Breakout Labs grant?
In general, if you have raised more than $1,000,000 from investors we cannot consider your company for funding. This does not include non-dilutive capital (e.g. grants).
What is your selection process?
Details of our process are available under the Apply section of this website.
What are your rules on confidentiality of proposals?
All proposals are held in strict confidence. Externals reviewers are asked to sign a non-disclosure agreement before receiving the full proposal.
How long does your evaluation process take?
We contact applicants within two weeks of receipt to inform them whether we will be seeking advice from external reviewers. We expect that the subsequent review and evaluation process will take approximately 8 weeks.
Preparing and submitting a pre-proposal/proposal
I'm not sure my project fits with your goals. Can I make an informal inquiry before submitting a full proposal?
Yes. Please email us at firstname.lastname@example.org. A positive response does not guarantee favorable evaluation of the full proposal.
When is the deadline for application to Breakout Labs?
We accept pre-proposal inquiries on a rolling basis. Once invited, full proposals must be received within 30 days.
May I submit multiple inquiries?
Yes. All pre-proposals are assessed on their individual merits.
I was invited to submit a full proposal, is there a deadline for completing the application?
Yes, you must submit a full proposal within 30 days of the invitation.
Are there rough target ranges for the various budget areas? Are there any expectations as to the weighting of these areas?
No. Needs vary by project and available resources.
Will Breakout Labs fund a portion of an overall project?
Breakout Labs will fund portions of an overall project provided that the applicant retains control of intellectual property and that specific milestones are matched to Breakout Labs funding.
Our funding agreements
What are the terms associated with Breakout Labs funding?
Under the terms of our research grant, Breakout Labs funding is exchanged for equity in the event of a later preferred financing round.
Are there any other conditions for funding?
Applicants are required to publish their findings in a timely fashion, but this obligation should not compromise intellectual property.