# \[Non-Constitutional\] Pilot Phase: Arbitrum Venture Initiative **URL:** \ **Category:** Finalized AIPs\ **Created:** [May 21, 2024, 12:47am UTC](https://forum.arbitrum.foundation/t/non-constitutional-pilot-phase-arbitrum-venture-initiative/24247 "2024-05-21T00:47:18Z")\ **Posts on this page:** 1\ **Showing post:** 49
**Author:** ![jwindawi](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/jwindawi/32/11178_2.png) [@jwindawi](https://forum.arbitrum.foundation/u/jwindawi)\ **Post date:** [June 13, 2024, 4:06pm UTC](https://forum.arbitrum.foundation/t/non-constitutional-pilot-phase-arbitrum-venture-initiative/24247/49 "2024-06-13T16:06:23Z")
I voted for this proposal (without the event) and am excited to see what it will bring to the DAO. We are very long on spending possibilities and short on general frameworks to guide decisions about that spending. This proposal has the potential to start to address this gap and also requires a limited commitment from the DAO for this pilot stage. I take others’ points about overlap with other programs, but I see AVI as complementary to the M&A initiative given that one focuses on non-controlling investments and the other on M&A. It’s also encouraging that the two proposing teams have been in contact and I hope that leads to a more integrated approach. --- _[View the full topic](https://forum.arbitrum.foundation/t/non-constitutional-pilot-phase-arbitrum-venture-initiative/24247)._