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description: Mushroom Protocol opens these grants normally once every three months.
---

# Apply

This funding program supports projects aimed at developing biotechnology-based solutions.

While the primary focus of the grants is to fund start-up companies, the Mushroom Protocol can also support research-stage projects. Anyone with a lab-tested idea is welcome to apply and receive a funding campaign for a grant of between $10,000 and $100,000.

### Requirements to apply for financing

* Biotechnology-based research developed in Latin America.
* Strong team of scientists.&#x20;
* R\&D focused on Agriculture, Medicine, Food, Environment or Mining.
* Research involves obtaining intellectual property.&#x20;
* Seeking to generate strategic alliances with other scientists or startups in the region.
* Interested in the decentralized science model (DeSci).

### How It Works:

<details>

<summary>Step 1: Apply and Selection</summary>

1. Submit the application 📋 [Boarding Form](https://y4weuik1x3k.typeform.com/to/qisWXbes?typeform-source=mushroomprotocol.io) (5 minutes).
2. You will receive an e-mail notification for the initial interview. (The Muhsroom Protocol team makes every effort to respond within \~72 hours.)
3. If approved, you'll receive an email notification for onboarding and further steps

</details>

<details>

<summary>Step 2: Due Diligence</summary>

1. Onboarding to Mushroom Protocol
2. Register Startup on platform
3. Evaluation of intellectual property and market potential
4. Register R\&D Project on platform

</details>

<details>

<summary>Step 3: Tokenization</summary>

1. Valuation and Token Proposal
2. Contracts and Agreements
3. Token Design
4. Register Collection on platform



</details>

<details>

<summary>Step 4: Fundraising</summary>

1. Token Launch Campaign
2. Delivery of a percentage of the requested financing in your wallet. Configuration of the next payments.
3. Project monitoring and governance

</details>
