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Project Olympus Spark Grants
Also known as: Spark Grants
Carnegie Mellon University · Pittsburgh, PA
Early-stage non-dilutive milestone-based funding program under the Swartz Center. Part of Project Olympus, designed to help CMU founders reach significant milestones. Grants provided for proof-of-concept, customer discovery, and prototype development.
Quick fit check
- Offers direct funding
- No equity required
- Currently active
- Verified by research
Key numbers
Funding range
—
Grant
Equity
None
Application
Rolling
Campus Wide
Last activity
2026-06-24
Medium confidence
Application and Timing
Rolling applications. Milestone-based disbursement.
Participants
CMU students (undergraduate and graduate), alumni, faculty, and researchers with early-stage ventures.
Funding and Equity
Non-dilutive milestone grants. Specific amounts not publicly specified. No equity taken.
Recent Activity
- Ongoing active program under Swartz Center.
- Referenced as available resource for CMU entrepreneurs.
Verification Gaps
- Specific grant amounts and total annual pool not disclosed.
- Number of grants awarded per year not available.
Additional research notesShow
News & articles
News articles and official sources documenting Project Olympus Spark Grants at Carnegie Mellon University.
2 sources
CMU Swartz Center for Entrepreneurship — Home
Carnegie Mellon University

Carnegie Mellon University
CMU Swartz Center for Entrepreneurship — Home
Official Swartz Center for Entrepreneurship homepage. Founded 2016 via $31M gift from Jim Swartz (Accel Partners co-founder). Central entrepreneurship hub at CMU. Lists VentureBridge, McGinnis Venture Competition ($375K), Tartan Entrepreneurs Fund, Spark Grants, ICF, Deep Tech Venture-Ready, and CMU Startup Week as key programs.
Read on Carnegie Mellon University
CMU Swartz Center — Resources, Funding & Talent
Carnegie Mellon University

Carnegie Mellon University
CMU Swartz Center — Resources, Funding & Talent
Central hub page listing all funding and program resources under the Swartz Center. Categorizes programs into Idea Stage (Gebhardt Sandbox, Beyond 2% Fund, Spark Grants), Competitions (McGinnis, Social Enterprise Prize), and Later Stage (VentureBridge, Tartan Entrepreneurs Fund).
Read on Carnegie Mellon University
