We want to fund the projects that we expect to be the most valuable for our mission. The following five criteria will be central in our evaluation of all proposals:

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• Impact: If the project is successfully executed, how important would the results be from a societal perspective? Could this be among the most important work in the field of Cooperative AI right now? 
• Tractability/feasibility: Is this project likely to be successfully executed? Is it a tractable problem in general, and does the team behind the application have the ability to carry it out?
• Neglectedness: If we didn’t fund this project, how likely is it that very similar work would happen soon anyway? Proposals that have a significant potential commercial value are less likely to score well on this criterion.
• Risk: Is there a risk that this project might have harmful consequences, such as contributing to development of more dangerous systems? Are such risks appropriately managed?
• ‍Cost-effectiveness: Is the level of funding requested appropriate for the scope of work? Have overhead costs been kept to a minimum?

For applications in the early-career track the assessment will also consider to what extent the grant would further the career of a promising researcher.