Business Grants

 

 

Home - Thousands Of Business Plans - Great Business Ideas

 

Business Grants


Business Grants

 

A business grant is a form of assistance, usually financial in nature, the benefit of which is non-repayable. It is given by one organization to another to encourage it to undertake or continue activities that it would not (or could not) otherwise do without that support. Alternatively, a grant may be used to persuade the organization to refrain from certain activities.

Grants can be distinguished from other forms of finance available to individuals or organizations by the fact that the grantor's decision to support an organization is made without the need for direct commercial gain.



Over recent years there has also been a trend to see grants being offered to encourage public – private sector co-operation rather than offering public support to encourage companies to undertake projects they might not otherwise do. Increasingly, government support is provided to encourage local authorities to work with the private sector to release properties that would otherwise remain derelict, empty or under-utilized. In so doing regeneration in areas of social, economic and other need will be accomplished.

The not for profit sector in particular has had to consider funding how to obtain funding, requiring it to be more businesslike in its approach. Charity funders are unlikely to support any scheme that has not been thought through or could not be continued once their initial support ceases.

Increasingly, the lines of division between the profit and the not for profit sectors are becoming blurred - sports, arts, medical care, education are but four examples where requests for help could be directed to government, charitable trusts or commercial sponsors. 



A great Business does not happen by chance

It was planned that way



We are only one of 150 websites providing free information; simply choose your search term and look for it in this box.

 

 

 

Home - Thousands Of Business Plans - Great Business Ideas

This site was last updated on - © free-business-grants.com All Rights Reserved