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Don’t Forget Grants If You Need Early Seed Money

Startup Professionals Musings

In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. Typically they can be used to fund product development and commercialization that would otherwise require outside investors. Stringent spending controls. Violations can lead to jail time. Extend your networking.

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Don’t Forget Grants If You Need Early Seed Money

Gust

In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. Typically they can be used to fund product development and commercialization that would otherwise require outside investors. Stringent spending controls. Violations can lead to jail time. Extend your networking.