Graphy, an Unacademy group company, unveiled the Graphy Creator Grant worth ₹100 crore ($14 million) to help Graphy users launch their online school. Creators, influencers, subject matter experts, teachers, and instructors from any industry, who aspire to create an online school & learning community can benefit from the program.
The purpose of the grant is to provide creators with the initial capital required to start their online school and develop a learner community, while ensuring a reliable revenue stream as they develop their content. To apply for the grant, applicants may visit the Graphy homepage, and fill the online application form by clicking on the ‘Creator Grant’ tab.
On the basis of the application, the applicant will be informed about the grant they are eligible for, and they will receive 50% of the funds post approval. The remaining 50% will be disbursed after the launch of the course. In addition to the grant, chosen applicants will also be assigned a relationship manager, who will help them build their online school & learning community, while suggesting proven promotion strategies to help them grow the business.
Speaking about the grant, Sumit Jain, Co-Founder and CEO, Graphy said, “At Graphy, we continually ask ourselves – what can we do to help the brilliant creators out there? How can we truly help them flourish? Over the years, the creators’ economy has witnessed a surge but very few are able to pursue their passion for creating content due to limited opportunities to monetize. Creators are the lifeblood of the digital world and working with inadequate resources can be a tiring process. Our vision to facilitate and enable creators to achieve financial freedom led to the conception of the Graphy Creator Grant.”