Grant Program

A grant program is a funding process where organizations, businesses, or individuals receive money from a government, foundation, or other entity to support specific projects or initiatives. Unlike loans, grants typically do not need to be repaid. They are awarded based on applications that demonstrate how the project aligns with the grant’s goals, such as community development, education, or research. Grant programs aim to fund innovative ideas, solve problems, or promote growth in particular sectors, helping recipients achieve their objectives without financial burden.