Sponsorship

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Founder GrantDirect fundingNo equityVerified

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