Grant

Also called: grants, grant funding, government grant, SBIR, STTR, research grant, grant money

Money given for a stated purpose that does not have to be repaid and does not buy any ownership. In the US, the federal SBIR and STTR programs award funding of this kind to small businesses that develop new technology.

For example: A startup developing a medical device applies to the SBIR program. If it wins an award, it spends the money on research and gives up no equity.

Connects to 19

Non-dilutive funding Concept
Small business loan Concept
Hard tech Concept
Bootstrapping Concept
OK Catalyst Program, school
OCAST Government
Philanthropic foundation Concept
Nonprofit Concept
Industry Innovation Program Program, government
STEM Intern Partnership Program, government
Oklahoma SBDC Organization, school
SBA Oklahoma District Office Government
Fiscal sponsorship Concept
Google Ad Grants Program
Workforce Innovation and Opportunity Act Government, program
Workforce development Concept
Inasmuch Foundation Organization, nonprofit
Oklahoma Talent Accelerator Program, government
1921 Awards Program

This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.