In the United States, An official cash award provided by a federal, state, or municipal government body for a worthwhile enterprise is known as a government grant.
Government grants come with strict compliance and reporting requirements because they are paid for with tax dollars, helping to ensure the money is used wisely.
The federal government provides funding to a variety of organizations, such as state and local governments, universities, businesses, non-profit organizations & research labs.
Established enterprises that are eligible for a certain financing purpose are typically given grants. A wide range of organizations are qualified for grants posted on Grants.gov.
Grants fund numerous programs included in the Catalog of Federal Domestic Assistance, including vital recovery activities, ground-breaking research, and others.