A grant is a method for the government to fund ideas and projects that provide public services, fuel innovation, and stimulate the economy. Grants support critical recovery initiatives, innovative research, and many other programs listed in the Catalog of Federal Domestic Assistance (CFDA).
The grant process follows a linear life cycle that includes creating the funding opportunity, collecting applications, making award decisions, and implementing the award.
Grants are non-dilutive and do not need to be paid back.