Grants

• Fixed sum of money given to a business form the govenrment
• Business need to apply for a grant and supply info about iys financial position
• Grants don’t need to be paid back

  and there is no interest on it and no share of the business is being given up
• Application process for applying for grant Can be time consuming and long and there is a risk of it not being succesfull
• There is a strict criteria for getting a grant as well