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What Are the Different Types of Government Grants for Individuals?

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What Are the Different Types of Government Grants for Individuals?

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Governments often set aside money to support a variety of public purposes. The types of grants offered varies among countries, but typically, government grants are not for personal financial assistance. These grants are awarded, not loaned, to individuals or groups of individuals for the purpose of carrying out something that the government has determined to be in the public’s interest.

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Governments often set aside money to support a variety of public purposes. The types of grants offered varies among countries, but typically, government grants are not for personal financial assistance. These grants are awarded, not loaned, to individuals or groups of individuals for the purpose of carrying out something that the government has determined to be in the public’s interest. While most government grants are geared towards groups, like educational institutions or small businesses, many kinds of government grants for individuals exist as well. The best way to find them is to contact the agency or agencies in your country that manage government grants. In the US, the different types of government grants available to individuals varies widely and may help an individual get an education or conduct advanced research in particular fields of study, or start an innovative small business in an troubled industry.

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