Community Development

Government Grants And Funds

www.grantfundingexpert.org

WHAT IS A GRANT?“A grant is a method by which an society awards money to fund a explore study or other activity, such as an educational

program, service program, demonstration,

or research project.”

• Advance technical knowledge in your field and advance your professional career

• A grant means that experts in the field recognize your idea as important and worthy of public or private support.

• A grant means an improved prestige of your institution.

• A grant means a giving to the financial health of your department, school or agency

• A grant means new opportunities for your study assistants.

• A grant means a new program that otherwise can be too luxurious for your institution to support and implement

WHY Apply For A GRANT?

• Gifts have few strings attached– Corporate Education Funds– Industrial Affiliates Programs

• Grants are “monitored”– Deliverables generally

underspecified– PM primarily interested in the

Science• Contracts, legal documents– Deliverables specified– PM has specific programmatic

goals– PM may often direct/re-direct

efforts

Terminology: Gifts, GRANT And Contracts

strings

attached

LOW

HIGH

$

$

$

GRANTS And Contracts Come From

Community Development

Government Grants And Funds

www.grantfundingexpert.org