From the ALA website:
Three Will Eisner Graphic Novel Grants for Libraries are given annually - two Will Eisner Graphic Novel Growth Grants will provide support to two libraries that would like to expand its existing graphic novel services and programs and one Will Eisner Graphic Novel Innovation Grant will provide support to a library for the initiation of a graphic novel service, program or initiative. These Grants will support two categorical grants that will encourage public awareness on the rise and importance of graphic literature, sequential art, and comics as a literary medium. The objective of the Will Eisner Graphic Novel Grants for Libraries is to facilitate library-generated programs and services that will promote graphic novels to library patrons and to the local community.
For additional information, and to apply for a grant, please visit the ALA website at http://www.ala.org/rt/gncrt/eisner