Grant
Grant is basically a sum of money or financial assistance that is given to an individual, organization, or institution for a specific purpose. It’s like a funding opportunity provided by a government agency, foundation, or other entities to support various projects or initiatives. Grants can be awarded for a wide range of purposes, such as research, education, community development, arts and culture, and social services. They are often given to individuals or organizations that have a specific need or meet certain criteria set by the grant provider. When someone applies for a grant, they typically have to submit a proposal or application outlining their project, goals, and how they plan to use the funds. The grant provider then reviews these applications and selects the recipients based on their eligibility and the merits of their proposals.