U.S. Mission to South Korea · Department of State
Prosperity Stack Fellowship
Key facts
- Deadline
- Done for this year · next round expected Jun 10 – Jul 13, 2027
- Award size
- $100K – $108K
- Total available
- $108K · about 1 award
- Cost share / match ?
- Not required
- Who can apply
- Other (see eligibility), Nonprofit with 501(c)(3), Private college or university, Nonprofit without 501(c)(3)
- Where
- Anywhere in the U.S., including Tennessee
Before you apply: federal grants require an active SAM.gov registration (Unique Entity ID) and a Grants.gov account. Registration is free but can take weeks, so start now, not when the deadline is close. Grant-ready checklist
How this fits you
- Available in Tennessee (nationwide program)
- No cost share required
Tell us who you are to see whether you're eligible.
More from U.S. Mission to South Korea
- Young Trilateral Leaders (YTL) Summit · Done for this year · next round expected Jul 21 – Aug 5, 2027
Official notice: https://simpler.grants.gov/opportunity/3d67b7f9-574e-4f4b-9802-bb38de6c19e9 · Printed from grantme.click/grants/cdb283ea-b63b-4cfb-aebe-f1770a052aac
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About this grant
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.
• Support top-performing...
Eligibility (from the notice)
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.
About the program (19.441)
ECA � American Spaces — ECA - American Spaces
How applications are judged
Not Applicable.
Matching requirements
This program has no statutory formula.
Matching requirements are not applicable to this assistance listing.
MOE requirements are not applicable to this assistance listing.
Examples of funded projects
Not Applicable.