
Microgrants
Microgrants are small financial awards provided to individuals, businesses, or organizations to support specific projects or initiatives. Unlike larger grants, they typically range from a few hundred to a few thousand dollars and aim to promote innovation, community development, or capacity building. Microgrants enable recipients to test new ideas, start small businesses, or expand existing efforts without significant financial risk. They are often offered by nonprofits, government agencies, or foundations to foster social impact and economic growth at a grassroots level.