If your business operates in a certain industry, is of a certain size or engages in certain forms of research & development it may qualify for governmental grants and funding. These grants can sometimes be combined with other forms of funding.
Grants come in different shapes or sizes. For example, some provide reduced costs, training, free equipment or direct capital.
Most governmental grants are awarded to early stage startups or startups that have yet to launch. Fewer grants are available to more established startups.
Grants that provide direct capital will have different conditions attached to them. Some will be provided as a loan and will need to be paid back with or without interest, some won’t have to be paid back at all and some will be offered on the basis that you will match the amount provided.
Obtaining a grant can be difficult as many are complex, specialist and have certain requirements attached to their provision.
To find out what governmental grants might be available for your company (UK, EU & USA based), visit the links below.
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