Challenge Grants

Challenge grants are funding awards provided by organizations, governments, or foundations to support a specific project or goal. To receive the grant, the recipient must meet certain conditions, often including raising additional funds from other sources or achieving particular milestones. These grants are designed to stimulate efforts, encourage partnerships, and leverage further resources, ultimately maximizing the impact of the initial investment. They are commonly used to promote innovation, community development, or research, fostering collaboration and accountability to ensure that the goals are successfully met.