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Government Grants
Government Grant A government grant is a monetary gift given by a government to one of its citizen’s. Unlike a loan a government monetary grant does is not given with the expectation of any monetary payments and or interest. Governments rarely expect monies granted to organizations and individuals be returned. In the unlikely case that there is a demand that monies be returned it is usually if the recipient does not full the work of art, social undertaking or was discovered to have made a fraudulent claim.
Some governments such as the United States give grants to inventors whose inventions are non-controversial, benefit the environment, reduce energy and which make them look good.
http://www.sbaonline.sba.gov/hotlist/procure.html Inventions and Innovation Program (IIP) - DOE - Funding |
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