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Finance
Sources of Finance
Government Grant
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Niamh
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Cards (6)
Government Grant
A
grant
is a sum of
money
given to an organisation to help create
jobs
in a
deprived
area.
Advantages:
A
grant
doesn't need to be
repaid.
Advantages:
It is given to the business in one
lump
sum.
Disadvantages:
It is
usually
only given
once.
Disadvantages:
It might not involve a
large
amount of
cash.
Disadvantages:
It can be
tied
to a specific
project
that the business must
undertake.