I fully support this proposal. I also am excited for Joe’s proposal. Having multiple smaller grant programs is a great strategy and will contrast us with other networks that really centralize their approach.
The budget of $1M / 6 Mo budget is a solid start and I hope the numbers can grow after a successful first 6 months.
20% for overhead is very high, but I hope that, if this approach is a success, the costs become much less of a % of the total budget. As in, if the next round we decide to allocate $3M then we have only 10% of overhead (which would be a 50% increase in $'s of overhead, but a small % of the budget).
I’m also missing a “Novel Applications” Domain, but I think that is fair.