# \[Beefy\] \[FINAL\] \[STIP - Round 1\]

**URL:** <https://forum.arbitrum.foundation/t/beefy-final-stip-round-1/16679>\
**Category:** Short Term Incentives Program (STIP) Round 1\
**Tags:** proposal\
**Created:** [September 21, 2023, 10:21pm UTC](https://forum.arbitrum.foundation/t/beefy-final-stip-round-1/16679 "2023-09-21T22:21:31Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![tnorm](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/tnorm/32/2054_2.png) [@tnorm](https://forum.arbitrum.foundation/u/tnorm)\
**Post date:** [September 21, 2023, 11:24pm UTC](https://forum.arbitrum.foundation/t/beefy-final-stip-round-1/16679/3 "2023-09-21T23:24:29Z")

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Hi @frondoto, please observe the most [recent application](https://forum.arbitrum.foundation/t/stip-application-template/16544) which articulates the grant period:

> [@How to Apply - Arbitrum Short Term Incentives Program](https://forum.arbitrum.foundation/t/how-to-apply-arbitrum-short-term-incentives-program/16545/1):
>
> It is expected that all funds distributed by this program will be used by the end of January 31, 2024. Participating grantees will be expected to self report data, dashboards, and summarize grant performance on an ongoing basis. Successful applicants will receive funding distributions biweekly via [Hedgey](https://hedgey.finance/) streams.

Further, please note that funds are not meant to be used for operational costs including marketing:

> [@How to Apply - Arbitrum Short Term Incentives Program](https://forum.arbitrum.foundation/t/how-to-apply-arbitrum-short-term-incentives-program/16545/1):
>
> **Can I use grant funding for operational costs?**
> 
> Funds are to be kept in ARB and used to incentive Arbitrum contracts. This funding is not meant support development or operational costs.

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