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How does a grant differ from other small business funding models?

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How does a grant differ from other small business funding models?

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Jeffrey Eow

You can get traditional business funding or factoring advice from any bank or commercial lender, grants are out there just much harder to find. You cannot apply for a grant if you are unaware of its existence. Grants are continually being introduced but there is no system, which lets you know automatically. You have to search and search to find a grant that would suit your business model.

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A grant differs from other funding models primarily because the grantors (the organisation giving the grant) decision to provide funding is made without the need for direct commercial gain.

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