Riot Games opened applications in April 2026 for a new two-year VCT partnership cycle beginning with the 2027 season, reducing partner slots from ten to eight per region including Americas. Selection criteria emphasize community growth, fan engagement, content resonance, and operational sustainability, with annual funding ranging from $600,000 to $5 million tied to results and skin revenue. The updated format grants partners direct Kickoff entry but requires strong performance for later Cups, opening four open-qualifier spots per event. Trader focus centers on established Americas organizations with proven rosters, stable ownership, and large followings, alongside any new applicants demonstrating business strength ahead of evaluation outcomes.