Meta, the parent company of Facebook, has introduced the Llama 3.1 Impact Grants, allocating a substantial $2 million to support startups worldwide, particularly in regions like Africa, the Middle East, and Turkey.
This initiative aims to encourage organizations to utilize Llama, an AI tool, to address social challenges within their communities. Priority will be given to proposals that target economic development, scientific innovation, public services, and other impactful areas. Successful applicants could secure funding of up to $500,000, with the winners set to be announced early next year.
To be eligible for this program, organizations must meet specific criteria, such as being legally established before August 5, 2023, and complying with local laws. They must appoint a representative to submit proposals and ensure that the individual is affiliated with the organization and over 18 years old.
The application window for the Llama 3.1 Impact Grants is open from August 5, 2024, to November 22, 2024. Interested parties can apply through the designated portal.
This initiative is geared towards enhancing the use of AI for societal progress. Kojo Boakye, Vice President of Public Policy for Africa, the Middle East, and Turkey at Meta, highlights the importance of leveraging AI to address global challenges and drive positive change. He emphasizes AI’s potential to boost productivity, creativity, and quality of life, leading to economic growth and advancements in research.
To assist potential applicants, Meta plans to host regional events comprising virtual sessions, hackathons, workshops, and training programs across various locations globally. These events aim to provide technical support and mentorship to help organizations develop impactful Llama 3.1 applications in diverse settings. Additionally, participating organizations may be eligible for specialized awards of up to $100,000.
This initiative underscores Meta’s commitment to using AI for social good and advancing meaningful progress. By encouraging the development of innovative AI solutions, Meta aims to empower organizations to make a positive impact on their communities and drive significant change through technology.
