Research and Development (R&D) Grants

Research and Development (R&D) grants are funds provided by governments, organizations, or institutions to support innovative projects aimed at creating new products, services, or technologies. These grants help researchers and companies explore ideas, conduct experiments, and develop prototypes without the immediate pressure of financial returns. R&D grants often target specific fields, such as healthcare, environmental science, or technology, encouraging advancements that can benefit society. Recipients must typically demonstrate the potential impact of their work and may be required to share findings or results to promote broader knowledge and progress.