Competitive grants

Competitive grants are financial awards provided by government agencies, foundations, or organizations to support specific projects or initiatives. Applicants submit proposals outlining their plans, goals, and budgets, which are then evaluated based on merit, innovation, and relevance to the grant’s objectives. Only the best proposals receive funding, making the process competitive. This approach ensures that limited resources are allocated to projects that are most likely to achieve significant impact and advance knowledge, research, or community development.