There’s been a couple of remarks related to grants.
Probably worthy of its own a separate thread?… 
There are indeed quite a few interesting grant programs out there in the web3 space to draw inspiration from; we’re lucky that most are building in public and some are kind enough to share their reflections…
Some ideas & suggestions for Morpho:
I think it’s important to start by splitting the topic in 3 stages:
A = Design & implement the grant program.
This will need the input from the core team & a close alignment with the Association to increase the chances of success, but it could already include a few motivated/experienced community members.
→ Key focus: categories/focus areas, evaluation criteria, governance, budget/funding release, timeline/campaigns, forms/dashboard (own tech vs existing tooling)…
B = Run the grant program
This can be open to more participants (depending on program design & scope set during phase A)
C = Review the program & suggest improvements
Ideally a separate group would be in charge for regular reviews.
Plus finding the right level of community involvement along the way.