In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either. Typically they can be used to fund product development and commercialization that would otherwise require outside investors.
Startup Professionals Musings: Government Grants Cost No Equity, But are Not Free
Posted by
martinzwilling under Startups
From http://blog.startupprofessionals.com 711 days ago
Made Hot by: problogger78 on February 15, 2013 5:43 pm
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