
Innovation Grant
An Innovation Grant is funding provided by a government, organization, or company to support the development of new ideas, products, or solutions. It aims to foster creativity and problem-solving by covering costs like research, prototypes, or testing. This type of grant encourages individuals or businesses to explore innovative approaches that can lead to advancements, improved services, or new markets. Essentially, it’s financial support given to help turn innovative concepts into reality, promoting progress and growth in various industries or communities.