Sui improves the grant allocation process and introduces a request for proposal (RFP) plan

Sui announced major improvements to the grant allocation process, introducing a request for proposals (RFP) program to expand access to support the development of Sui eco-innovation projects. Sui said the implementation of the RFP plan provides better support for builders and ecosystem participants by providing a structured framework for development, strategic alignment and collaboration, and clearly articulating the needs of the ecosystem through the RFP. The RFP process follows a structured path, including: application submission, review period (the Sui Foundation will carefully review all proposals, and the RFP committee will then vote on the final proposals of the shortlisted candidates), identity verification, signing of the grant agreement, and project launch.