Grants

• What are grants

  Governments and industry trusts may offer grants to businesses that meet specific criteria
• Advantages of grants

  Grants do not need to be repaid

  you retain 100% control of your business and therefore do not get rid your ownership stake in your business.
• Disadvantages of Grants

   they may have to meet certain requirements to receive the grant or the government may decide where it has to be spent.

  The business must use the finance for its intended purpose