MTV and Youth Venture are offering Hope Venture Grants of up to $1,000 to support young people who want to launch a venture–an organization, club, or business–that will aid those affected by Hurricane Katrina. First priority will be given to proposals that support the creation of sustainable ventures that aid the citizens and communities who have lost so much from this disaster. A second priority will be proposals to start organizations solely for the purpose of raising and distributing funds for those in need. Hope Venture Grants will be offered every week for the next six months to groups of two or more young people (ages 13-20) with the most compelling venture ideas to assist the people and communities affected. Applications for one-time projects will not be considered.