# Grant

Concept · [Fundraising and equity](https://ecosystem.samcarlton.com/fundraising)

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](https://ecosystem.samcarlton.com/equity). 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](https://ecosystem.samcarlton.com/equity).

## Connects to (19)

- [Non-dilutive funding](https://ecosystem.samcarlton.com/non-dilutive-funding): Money a company receives without giving up any ownership.
- [Small business loan](https://ecosystem.samcarlton.com/small-business-loan): Money a business borrows and must repay with interest.
- [Hard tech](https://ecosystem.samcarlton.com/hard-tech): Companies whose product rests on physical engineering or new science, such as machines, materials or devices.
- [Bootstrapping](https://ecosystem.samcarlton.com/bootstrapping): Building a company with your own savings and the money customers pay you, instead of money from investors.
- [OK Catalyst](https://ecosystem.samcarlton.com/ok-catalyst): A free statewide program that helps Oklahoma small businesses and research teams apply for federal SBIR and STTR funding.
- [OCAST](https://ecosystem.samcarlton.com/ocast): Short for the Oklahoma Center for the Advancement of Science and Technology.
- [Philanthropic foundation](https://ecosystem.samcarlton.com/philanthropic-foundation): An organization that gives money to causes it wants to advance, such as education or a city's economy.
- [Nonprofit](https://ecosystem.samcarlton.com/nonprofit): An organization that exists to serve a mission and does not pay profits out to owners.
- [Industry Innovation Program](https://ecosystem.samcarlton.com/ocast-industry-innovation-program): An OCAST grant program that gives non-dilutive funding to Oklahoma companies for innovation projects.
- [STEM Intern Partnership](https://ecosystem.samcarlton.com/ocast-stem-intern-partnership): An OCAST program that helps Oklahoma companies pay science and technology students to work as interns on innovation projects.
- [Oklahoma SBDC](https://ecosystem.samcarlton.com/oklahoma-sbdc): A statewide network that gives small businesses free, confidential one-on-one advising and workshops, in person or online.
- [SBA Oklahoma District Office](https://ecosystem.samcarlton.com/sba-oklahoma): The Oklahoma City office of the US Small Business Administration, the federal agency for small businesses.
- [Fiscal sponsorship](https://ecosystem.samcarlton.com/fiscal-sponsorship): An arrangement where an established nonprofit takes in grants and donations on behalf of a project that is not its own tax-exempt…
- [Google Ad Grants](https://ecosystem.samcarlton.com/google-ad-grants): A Google program that gives eligible nonprofits advertising credit to show ads on Google Search, so people searching for their cause can…
- [Workforce Innovation and Opportunity Act](https://ecosystem.samcarlton.com/wioa): A US federal law, signed in 2014, that funds the public workforce system: job search help, education, training and support services for…
- [Workforce development](https://ecosystem.samcarlton.com/workforce-development): Training and support that help people gain the skills employers need, often paid for in part by government or philanthropy.
- [Inasmuch Foundation](https://ecosystem.samcarlton.com/inasmuch-foundation): An Oklahoma City foundation, established in 1982, that makes grants to nonprofits in community enhancement, education, human services and…
- [Oklahoma Talent Accelerator](https://ecosystem.samcarlton.com/talent-accelerator-grant): An Oklahoma workforce program, led by the Oklahoma Employment Security Commission and funded by a US Department of Labor grant, that helps…
- [1921 Awards](https://ecosystem.samcarlton.com/1921-awards): Build in Tulsa's yearly awards, launched in 2023, for Tulsa entrepreneurs who carry on the legacy of Greenwood, once known as Black Wall…

> 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.

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