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Mini-Grants on Free-Market Economics: Research & Teaching

About

The purpose of this grant program is to enhance the effectiveness in the research and teaching of market economics for faculty at colleges, universities, and seminaries across the United States and Canada.

The Acton Institute invites proposals from faculty in one or more of the following broad categories:

  • Course development — specifically adding new courses or strengthening existing courses in the curriculum which address the nature, morality, and purpose of free-market economics. This may include courses that deal with religion and economics, microeconomics, macroeconomics, political economy, ethics and economics, the history of economic thought, or other related subject areas.
  • Faculty research — identifying scholarly projects that show promise for advancing the understanding of free markets and, ideally, demonstrate how the free market relates to Christian faith and ethics.

2024 Mini-Grant winners>>

Download fact sheet>>

2024 Winners

Business as an Agent of Betterment
Allen Mendenhall, Executive Director, The Manuel H. Johnson Center and Associate Dean, The Sorrell College of Business, Troy University

A History of Christian Political Economy
Erik Matson, Senior Research Fellow at the Mercatus Center

Development of an Economics Component for Education Majors 
Paul Hartog, Senior Professor at Faith Baptist Bible College and Theological Seminary 

Course Development and Operation: History of Economic Thought
Scott Niederjohn, Director of the Free Enterprise Center  and Professor at Concordia University Wisconsin 

New Course: Innovation and the Mission of the Church: Intersection of the Free Market and Christian Faith 
Walter Jay Moon, Director of the Office of Faith, Work, and Economics, and Professor at Asbury Theological Seminary 

New Course: Economic Principles of the American Political Order 
William Reddinger, Associate Professor of Government at Regent University 

Grant Details

 

Selection Process

Shortly after the submission deadline, applications are reviewed and recipients selected by the research staff of the Acton Institute. Award decisions by the Acton Institute are final and not subject to appeal.

 
 

Agreement

Recipients must respond to an award notification within one month and adhere to grant conditions listed below.

 
 

Grant Amounts

Grants range between USD $1,000–$10,000.

 
 

Grant Disbursal

The full grant amount is disbursed at the beginning of the project to the grantee’s home institution.

 
 

Duration

Grants are not renewable or transferable but all applicants are eligible to re-apply.

 
 

Deadlines

To be considered for a grant, applications must be submitted electronically by March 31.

 
 

Notification

Grantees will be notified by April 30 and will have one month to accept the grant.

 
 

Free Market Forum

There is an expectation that Mini-Grant recipients will attend the Free Market Forum. All associated expenses will be covered by the Free Market Forum and will not be deducted from the Mini-Grant award.

 

Application Components

Each application shall consist of three brief components – an overview, a narrative, and an appendix:

1) The application overview shall be a maximum length of one page and shall include the following:

  • Project title, name, position, institutional affiliation(s), and contact information for the Project Director. In the case of a team, all grant-related correspondence from the Acton Institute will be directed to the Project Director.
  • Project abstract (maximum of 200 words, single spaced).

2) The application narrative shall be a maximum length of two pages and shall include the following:

  • A statement on the proposed theme for the project, including an indication of how the project will be informed by Christian perspectives.
  • A proposal for activities to be funded by the grant, with a timeline.
  • A cost breakdown for each activity.

3) The application appendix shall be a maximum length of one page and include the following:

  • A summary Curriculum Vitae (CV) for the Project Director.

Only applications submitted electronically by March 31 will be considered. Applications are now open.

Evaluation Criteria

Successful grant proposals will have:

  • A clearly defined topic that the project intends to address, and an explanation of how this promotes the knowledge and teaching of free-market economics.
  • A clearly defined objective for the project.
  • A clear project budget directly related to the project’s proposed activities.

 

Important Notes

Award Communication: All award decisions are communicated via e-mail from Grants-Awards. Please ensure this email is on your safe recipient list to ensure timely delivery.

Application Submission: Applications must be submitted electronically.

Limited Funding: Since this is a competition in which many worthy applicants participate, no one should presume funding.

Performance Assessment: Like similar organizations, the Acton Institute does not enter into discussions with unsuccessful applicants concerning the particular reasons for their denial.

Eligibility: Only faculty working at universities, colleges, or seminaries within the USA or Canada may apply for these grants.

Program Questions: Additional questions may be sent to Grants-Awards.

Legal: All qualified individuals will be considered for the Mini-Grant program without regard to race, sex, national or ethnic origin, citizenship, religious affiliation, or disability. Award decisions by the Acton Institute are final and are not subject to appeal.

Grant Conditions

 

Grant Disbursal

The full grant amount is disbursed at the beginning of the project to the grantee’s home institution.

 
 

Report Due

Submit a one-page report documenting the activities, results, and costs of your project by a predetermined and communicated deadline.

 
 

Funds Use & Compliance

If you are not able to use these funds for the stated purpose(s), all the grant money must be returned. Recipients must comply with any applicable tax regulations.

 
 

Acknowledgement

Any published work drawn out of the research conducted during this Grant must be submitted and given by-line acknowledgement to the Acton Institute.

 
 

Publicity

The Acton Institute may publicize a recipient’s Grant and has permission to identify a grantee as a Mini-Grant recipient.

 
 

Free Market Forum

There is an expectation that grant recipients will attend the Free Market Forum. All associated expenses will be covered by the Free Market Forum and will not be deducted from the Mini-Grant award. Please see the Free Market Forum website for more information and contact details.

 

How to Apply

The 2025 application period is now open.