What are Government Grants?
“Grants are a method for a Government to enact their policy within a specific area or within an industry and tend to fund specific projects, not overall core functions or day to day operations of a business.
Government has a need to stimulate activity throughout the national economy and seeks to achieve this outcome by encouraging business to invest in their own business projects particularly in research and development, service and product development, production capability and new infrastructure and technology.
Therefore, it is important to think about and approach your grant funding needs in terms of a specific project and expand beyond what you may require specifically and consider how your success may have a positive impact and flow on effect into the community and eco systems of other business.” Melrose International