US Government Offering Up to $800K for Anti-Forgery Blockchain Solutions

The U.S. Department of Homeland Security is seeking to fund anti-counterfeiting solutions from blockchain startups with grants of up to $800,000.

The DHS, through its unit Science and Technology Directorate (S&T), announced the non-dilutive funding effort spread over four phases on Tuesday, under its Silicon Valley Innovation Program (SVIP). Non-dilutive funding means an entity doesn’t need to sell equity to receive financing.

The funding program is related to the DHS’s November solicitation – “Preventing Forgery and Counterfeiting of Certificates and Licenses” – through which the agency is looking to enhance its capabilities to prevent fake documentation using blockchain technology.

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