The Prosperity Stack Fellowship is a grant opportunity from the U.S. Embassy in Seoul to support a program that connects Korean entrepreneurs with American AI technology and business expertise. The program aims to help young Korean innovators develop their startup ideas through training, mentorship, and showcasing opportunities.
Who it's for: This grant is for organizations that can design and implement a program to help Korean startup teams, aged 18-35, learn about American AI technology and business practices. The program should focus on regions with American Corners in Seoul, Busan, Gwangju, and Pyeongtaek.
More details
Likely Disqualifiers
- Proposals not focused on American AI and business practices
- Lack of a detailed implementation plan
- Failure to include a monitoring and evaluation plan
- Not targeting Korean innovators aged 18-35
- Proposals exceeding the budget limit
What You May Need
- Detailed implementation plan
- Monitoring and evaluation plan
- Recruitment strategy for Korean startup teams
- Partnerships with American AI experts
- Plan for a final Demo Day and media outreach
Cautions
- Funding is subject to availability
- Strict deadline for application submission
- Proposals must align with U.S.-ROK cooperation goals
- Must use American Corners for regional engagement
Generated from official source details for readability
Eligibility
Eligible Applicant Types
Additional Criteria
Eligible applicants include nonprofits with or without 501(c)(3) status, other Native American tribal organizations, and entities that fall under the 'unrestricted' category. This means a wide range of organizations can apply, provided they meet the program's goals and requirements.
Overview
This grant is for organizations that can design and implement a program to help Korean startup teams, aged 18-35, learn about American AI technology and business practices. The program should focus on regions with American Corners in Seoul, Busan, Gwangju, and Pyeongtaek.
Likely Disqualifiers
- Proposals not focused on American AI and business practices
- Lack of a detailed implementation plan
- Failure to include a monitoring and evaluation plan
- Not targeting Korean innovators aged 18-35
- Proposals exceeding the budget limit
Use of Funds
Funds can be used for training and mentorship programs, project development support for top teams, and organizing events like AI Camp and Demo Day. They can also cover expenses like technology subscriptions and data storage necessary for developing AI-powered prototypes.
Total Program Funding
$108,000
Expected Awards
1
Cost Sharing
Not Required
Important Dates
- Posted
- Jun 10, 2026
- Deadline
- Jul 13, 2026(30 days)
- Archive Date
- Jul 14, 2026
Application Checklist
- Develop a detailed program implementation plan
- Outline a recruitment strategy for Korean startup teams
- Create a monitoring and evaluation plan with performance indicators
- Establish partnerships with American AI experts
- Plan for a Demo Day and media outreach
- Submit all materials by email to SeoulPDGrants@state.gov