NEW YORK (JTA) — Young Jewish innovators will receive some $400,000 through two new grant programs.
The Center for Leadership Initiatives, an operating foundation founded by Lynn Schusterman, has announced that it will award grants to alumni of its ROI fellowship program, a leadership development program it runs in Israel.
Through its new ROI Seed Fund, the center will provide grants of up to $10,000 to help ROI alumni support projects in the start-up phase. And through its new ROI Innovation Fund, it will provide funding of up to $50,000 to projects of alumni that already are operational.
More than 400 young innovators have gone through the ROI program since started in 2006, and Schusterman hopes to help alumni further develop their initiatives with this money.
“Since its inception four years ago, ROI has been providing young Jewish innovators from around the world with opportunities to network with peers, meet Jewish leaders from other countries and enhance their skills,” Schusterman said. “We hope that these funds will further support the amazing young people in the ROI community as they take their projects to the next level, and encourage them to work together to build a secure and bright future for world Jewry.”
The foundation was set to start accepting applications for the seed grants June 1 and for the innovation grants Aug. 31.
