David Dobrik Grant Program Todd Spangler reports information president Funding David Dobrik Grant Program Todd Spangler

David Dobrik, Spencer X Among First TikTok U.S. Creators to Receive Funding Under $1B Grant Program

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variety.com

Todd Spangler NY Digital EditorTikTok is facing an uncertain future — and the popular app may be effectively banned in a few weeks by the Trump administration in the U.S. — but it’s still plowing ahead as if all systems are go.Last month, TikTok announced the formation of a new Creator Fund to support creators who are building careers on the short-form video platform.

That’s initially seeded with $200 million for the first year, growing to $1 billion in three years in the U.S. to reach “hundreds of thousands” of creators, according to the ByteDance-owned company.On Monday, TikTok announced the first 19 recipients to get money from the Creator Fund.

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