Unreal Dev Grants
Epic spared $5,000,000 to fund innovative projects related Unreal Engine 4.The Range from $5,000 to $50,000 and there is no restrictions or obligations to Epic. what ever you do remain yours.
Who is eligible?
Per their expression:
"anything that will make us say "Whoa." "
- Class projects
- Engine extentions
- Any other creative or innovative work related to UE4.
If you have a game there is a condition to have a working prototype. Also, if you managed to get / or just applied for another funding source you can still apply.