diff --git a/src/components/fundable/descriptions/ParquetNullOptimizations.md b/src/components/fundable/descriptions/ParquetNullOptimizations.md
new file mode 100644
index 00000000..fb2aed2d
--- /dev/null
+++ b/src/components/fundable/descriptions/ParquetNullOptimizations.md
@@ -0,0 +1,37 @@
+#### Overview
+
+Apache Parquet is an open source, column-oriented data file format designed for
+efficient data storage and retrieval. Together with Apache Arrow for in-memory data,
+it has become for the *de facto* standard for efficient columnar analytics.
+
+While Parquet and Arrow are most often used together, they have incompatible physical
+representations of data with optional values: data where some values can be
+missing or "null". While Arrow uses a validity bitmap for each schema field and nesting level,
+Parquet condenses that information in a more sophisticated structure called definition
+levels (borrowing ideas from Google's Dremel project).
+
+Converting between those two representations is non-trivial and often turns out
+a performance bottleneck when reading a Parquet file as in-memory Arrow data.
+Even columns that practically do not contain any nulls can still suffer from it if
+the data is declared nullable (optional) at the schema level.
+
+We propose to optimize the conversion of null values from Parquet in Arrow C++
+for flat (non-nested) data:
+
+1. decoding Parquet definition levels directly into a Arrow validity bitmap, rather than using an
+   intermediate representation as 16-bit integers;
+
+2. avoiding decoding definition levels entirely when a data page's statistics shows
+   it cannot contain any nulls (or, conversely, when it cannot contain any non-null values).
+
+As a subsequent task, these optimizations may be extended so as to apply to schemas
+with moderate amounts of nesting.
+
+This work will benefit to applications using Arrow C++ or any of its language
+bindings (such as PyArrow, R-Arrow...).
+
+Depending on the typology of Parquet data, this could make Parquet reading 2x
+faster, even more in some cases. If you are unsure whether your workload could
+benefit, we can discuss this based on sample Parquet files you provide us.
+
+##### Are you interested in this project? Either entirely or partially, contact us for more information on how to help us fund it
diff --git a/src/components/fundable/projectsDetails.ts b/src/components/fundable/projectsDetails.ts
index a28e1efd..f3d2a4fd 100644
--- a/src/components/fundable/projectsDetails.ts
+++ b/src/components/fundable/projectsDetails.ts
@@ -5,8 +5,9 @@ import EmscriptenForgePackageRequestsMD from "@site/src/components/fundable/desc
 import SVE2SupportInXsimdMD from "@site/src/components/fundable/descriptions/SVE2SupportInXsimd.md"
 import MatrixOperationsInXtensorMD from "@site/src/components/fundable/descriptions/MatrixOperationsInXtensor.md"
 import BinaryViewInArrowCppMD from "@site/src/components/fundable/descriptions/BinaryViewInArrowCpp.md"
-import Decimal32InArrowCppMD from"@site/src/components/fundable/descriptions/Decimal32InArrowCpp.md"
-import Float16InArrowCppMD from"@site/src/components/fundable/descriptions/Float16InArrowCpp.md"
+import Decimal32InArrowCppMD from "@site/src/components/fundable/descriptions/Decimal32InArrowCpp.md"
+import Float16InArrowCppMD from "@site/src/components/fundable/descriptions/Float16InArrowCpp.md"
+import ParquetNullOptimizationsMD from "@site/src/components/fundable/descriptions/ParquetNullOptimizations.md"
 
 export const fundableProjectsDetails = {
     jupyterEcosystem: [
@@ -125,6 +126,18 @@ export const fundableProjectsDetails = {
             currentNbOfFunders: 0,
             currentFundingPercentage: 0,
             repoLink: "https://github.com/apache/arrow"
+        },
+        {
+            category: "Apache Arrow and Parquet",
+            title: "Parquet reader optimizations",
+            pageName: "ParquetNullOptimizations",
+            shortDescription: "Converting Parquet optional values to nullable Arrow data is often a performance bottleneck. We will optimize that step for the most common cases.",
+            description: ParquetNullOptimizationsMD,
+            price: "TBD",
+            maxNbOfFunders: 1,
+            currentNbOfFunders: 0,
+            currentFundingPercentage: 0,
+            repoLink: "https://github.com/apache/arrow"
         }
     ]
 
diff --git a/src/pages/fundable/ParquetNullOptimizations/GetAQuote.tsx b/src/pages/fundable/ParquetNullOptimizations/GetAQuote.tsx
new file mode 100644
index 00000000..a945b598
--- /dev/null
+++ b/src/pages/fundable/ParquetNullOptimizations/GetAQuote.tsx
@@ -0,0 +1,9 @@
+import useDocusaurusContext from '@docusaurus/useDocusaurusContext';
+import GetAQuotePage from '@site/src/components/fundable/GetAQuotePage';
+
+export default function FundablePage() {
+    const { siteConfig } = useDocusaurusContext();
+    return (
+      <GetAQuotePage/>
+    );
+}
\ No newline at end of file
diff --git a/src/pages/fundable/ParquetNullOptimizations/index.tsx b/src/pages/fundable/ParquetNullOptimizations/index.tsx
new file mode 100644
index 00000000..876857af
--- /dev/null
+++ b/src/pages/fundable/ParquetNullOptimizations/index.tsx
@@ -0,0 +1,9 @@
+import useDocusaurusContext from '@docusaurus/useDocusaurusContext';
+import LargeProjectCardPage from '@site/src/components/fundable/LargeProjectCardPage';
+
+export default function FundablePage() {
+    const { siteConfig } = useDocusaurusContext();
+    return (
+       <LargeProjectCardPage/>
+    );
+}