diff --git a/README.md b/README.md
index 66a97385..7f9d0245 100644
--- a/README.md
+++ b/README.md
@@ -13,6 +13,7 @@
 - [Experimental Technology Disclaimer](#experimental-technology-disclaimer)
 - [Quickstart](#quickstart)
 - [Why Codex?](#whycodex)
+- [Funding Opportunity](#funding-opportunity)
 - [Security Model \& Permissions](#securitymodelpermissions)
   - [Platform sandboxing details](#platform-sandboxing-details)
 - [System Requirements](#systemrequirements)
@@ -104,6 +105,16 @@ And it's **fully open-source** so you can see and contribute to how it develops!
 
 ---
 
+## Funding Opportunity 
+We’re excited to launch a **$1 million initiative** supporting open source projects that use Codex CLI and other OpenAI models.  
+
+* Grants are awarded in **$25,000** API credit increments.  
+* Applications are reviewed **on a rolling basis**.
+
+**Interested? [Apply here](https://openai.com/form/codex-open-source-fund/).**
+
+---
+
 ## Security Model & Permissions
 
 Codex lets you decide _how much autonomy_ the agent receives and auto-approval policy via the