Updates
Next Venturous Capital Grant Cycle Dates
Letter of Inquiry (LOI) Submissions Open: November 2, 2026
LOI Deadline: December 1, 2026
Letter of Inquiry (LOI) Submissions Open: November 2, 2026
LOI Deadline: December 1, 2026
Important Note: We now accept Letters of Inquiry (LOIs) through the Broad Reach Foundation grant portal. See instructions below.
We will no longer accept LOI submissions by email.
The goal of our Venturous Capital Grants program is to support writers of bold, experimental, and/or large-scale new plays by giving theaters the ability to say “yes” instead of “no” to writer-driven projects that are unusually heavy lifts, i.e., that are perceived as especially challenging. While we do not fund routine production costs, we offer grants to support specific extraordinary costs that might otherwise make venturous plays difficult or impossible to produce.
We make grants to small and medium-sized not-for-profit theater companies to support productions of text-based, author-driven new plays that are “venturous,” i.e.,
These grants do NOT fund the following genres/processes/categories:
Important note: We do not support non-AEA productions under any circumstances. These grants do not support projects produced on any of the AEA showcase codes.
These grants do NOT fund routine production expenses. Our support is limited to extraordinary costs for productions that are especially challenging to mount. See below for examples of specific costs these grants do and do not fund.
Support is limited to productions at small- and medium-sized theaters with annual budgets of under $5 million.
Theaters must be professional, independent producing organizations located within the U.S. that produce plays on Actors’ Equity Association contracts. They must be tax exempt under section 501(c)(3) of the Internal Revenue Code or be fiscally sponsored by a 501(c)(3) organization.
We support co-productions. However, all involved producing organizations, producing partners, and above-the-title entities must meet the criteria described above in order for a project to be eligible for support.
We do not make grants to individual writers or non-producing organizations under this program.
Additional notes:
Our grants cover extraordinary integral expenses necessary for the production of a new play—specific expenses without which the play could not be produced. We do not support routine production expenses (see below) or enhanced production values or costs associated with specific production styles.
The expenses we fund must be:
These grants are intended to remove perceived obstacles to production by underwriting unusual expenses. Eligible extraordinary expenses typically include:
Specific examples of supported costs from successful past applications:
Because these grants are intended for extraordinary costs, we do NOT fund routine production expenses.
Also, we do NOT fund enhanced production values, i.e., expenses that enable the theater to stage the play at a higher level.
Examples of specific expenses we do NOT fund:
$10,000 – $45,000
Grants range from $10,000 minimum to $45,000 maximum.
Our selection committee is composed of independent theater professionals including playwrights, directors, producers, and dramaturgs, along with VTF staff members. The committee rotates with each grant cycle.
Past committee membership has included such artists as May Adrales, Luis Castro, Shayok Misha Chowdhury, Migdalia Cruz, Nathan Alan Davis, Sonia Fernandez, Connie Hall, Dave Harris, Johnny Lloyd, Ken-Matt Martin, Ben Pesner, Heather Raffo, Peter Richards, Lynde Rosario, Lloyd Suh, Chay Yew, Pirronne Yousefzadeh, and others.
Any eligible theater may submit a Letter of Inquiry (LOI). We will invite selected companies to submit full applications from the pool of LOIs under consideration. We do not accept unsolicited applications.
For projects selected to submit a full application, the theater will submit a playscript for review by our selection committee for that grant round. The script may be in draft or final form. However, we cannot consider LOIs for plays that have not yet been written.
We welcome any eligible theater to submit an LOI that describes the proposed project and the specific expenses a grant would cover.
We accept LOIs twice a year.
SUBMISSION WINDOW NOW CLOSED
December 1, 2026
June 1, 2027
…and continuing onward in June and December.
We accept LOIs through the Broad Reach Foundation grant portal.
The LOI is in two parts: basic info and a brief narrative.
In the portal, you will need to provide basic information about the proposed production:
You will be asked to upload a brief letter of NO MORE THAN ONE PAGE addressing these questions:
Venturous Theater Fund accepts LOIs through the Broad Reach Foundation’s grant portal. We no longer accept LOIs via email. To submit an LOI, you must 1) create an account via the portal and 2) pass our eligibility quiz.
Next LOI submission window opens: November 2, 2026
Next LOI submission deadline: December 1, 2026 at 11:59pm ET
We strongly suggest that you create your account in the portal and take the required eligibility quiz well in advance of the deadline.
We usually notify theaters within 2-3 weeks of the deadline whether their LOIs will be considered for full application.
Step 1: Go to the Broad Reach Foundation Grant Portal.
Step 2: Register for an account by clicking the “Create New Account” button. If you already have an account, skip to Step 2.
Step 3: Find the Eligibility Quiz for Venturous Capital Grants Summer 2026 on the portal home page. If you don’t see it, click “See Opportunities” on the upper left-hand corner of the page under the Broad Reach Foundation logo.
Step 4: Take the eligibility quiz, which will ask for information about your project. You may not submit an LOI until you successfully pass the eligibility quiz.
Step 5: Once you pass the eligibility quiz, you may begin your LOI. It will appear on your dashboard alongside the completed quiz.
Step 6: When you have completed your LOI and uploaded the required narrative, click “Submit LOI.”
Step 7: You may return to the portal at any time to check the status of your LOI.
Please email [email protected] with questions about your LOI or the eligibility quiz.
We do not accept unsolicited applications. Please see above for information regarding Letters of Inquiry.
After our selection committee reviews the LOIs, we will invite approximately 12 to 15 selected companies to submit a full application, including a playscript and a budget enumerating the specific costs which the proposed grant will cover.
Our grant selection process is competitive. We generally fund 50% to 75% of those projects invited to submit full applications. Our selection committee members base their funding determinations in part on their responses to the playscripts. They also assess how closely each application matches our selection criteria and parameters, as articulated above.
Final funding decisions will be made within 2-2.5 months of the LOI deadline date.
We authorize disbursement of Venturous Capital Grant funds once the production has been publicly announced, but no earlier than 3 months before the first performance.
For questions, please contact us.