Grants / Department of State / U.S. Mission to South Korea

PD-SEOUL-FY26-03: Prosperity Stack Fellowship

Closed Closed July 13, 2026 Opportunity PD-SEOUL-FY26-03 ☆ Save

This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of U.S. Mission to South Korea notices from 2026.

• Award ceiling$108,000
• Award floor$100,000
• Total funding$108,000
• Expected awards1
• Cost sharingNot required
• Funding typeGrant

Key dates

Who can apply

This opportunity was open to nonprofits and colleges and universities.

• Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
• Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
• Private institutions of higher education
• Others (see text field entitled "Additional Information on Eligibility" for clarification)

Individuals are not eligible to apply under this NOFO.Applicants should demonstrate the organizational capacity, technical understanding, and relevant program management experience necessary to design and implement a fellowship or accelerator-style program focused on artificial intelligence, entrepreneurship, and innovation in the Republic of Korea. Competitive applicants should demonstrate familiarity with Korea’s startup, technology, education, or youth innovation ecosystem, as well as the ability to coordinate with relevant U.S. and Korean experts, mentors, institutions, industry partners, and public-facing program venues.

More grants for nonprofits, colleges and universities.

Is this a realistic fit?

• Past ECA – American Spaces awards averaged $19,857; this notice allows up to $108,000 per award.
• No cost sharing or match is required.

What the grant funds

Funding Opportunity Title: Prosperity Stack Fellowship Funding Opportunity Number: PD-SEOUL-FY26-03 Deadline for Applications: Monday, July 13, 2026, 11:59 p.m. (GMT+9) CFDA Number: 19.441 Type of Funding: FY26 Fulbright-Hays, American Spaces Support Funds Total Amount Available: $108,000 This notice is subject to availability of funding. Executive Summary The U.S. Embassy Seoul Public Diplomacy Section invites proposals to implement the Prosperity Stack Fellowship, a strategic accelerator program designed to promote American AI technology with Korean early-stage entrepreneurs by connecting them with U.S. expertise in artificial intelligence, business development, and innovation. The program will engage young Korean innovators through training, mentorship, regional engagement, and public showcase opportunities linked to the American Spaces network in Seoul, Busan, Gwangju, and Pyeongtaek. Through a multi-phase fellowship model, selected startup teams will receive training in U.S. AI applications, American business management principles, pitching, and product development. Finalist teams will participate in advanced technical training and mentorship, and top-performing teams may receive project development support to help advance their concepts toward market-readiness. The program should culminate in a final Demo Day and follow-on engagement that showcases participant outcomes, strengthens the role of American Spaces as regional gateways for innovation, and demonstrates how American AI Stack, U.S. technical platforms, business practices, and professional link to silicon valley experts can support Korean entrepreneurs and advance shared prosperity. Program Goal The goal of this program is to strengthen U.S. leadership and U.S.-ROK cooperation in artificial intelligence and entrepreneurship by connecting Korean early-stage innovators with American AI technology, work platforms, business practices, professional networks, and practical startup development support. Program Objectives Recruit and train Korean startup teams through a structured fellowship curriculum focused on U.S. AI applications, American business management principles, pitching, and project development. Connect selected finalist teams with American AI experts and relevant U.S. and Korean mentors through advanced technical training and mentorship.

Category: Other.

Applying now

This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.

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