Category - Grants

Grant Term

10 Grant Terms – 8 August 2017

How many of these grant terms do you know? Basic Grant Terms 501(c)(3) – The US Internal Revenue Service (IRS) tax code defines tax-exempt organizations, and IRS code 501(c)(3) defines the rules that charitable...

SBIR Funding Infographic

SBIR Funding [infographic]

SBIR funding is about the closest you’ll ever get to “free government money” for your business… but of course it is far from free! For a number of decades the US federal government has operated a...

Grant Term

501(c)(3)

The US Internal Revenue Service (IRS) tax code defines tax-exempt organizations, and IRS code 501(c)(3) defines the rules that charitable tax-exempt organizations must follow. See for lots of gory details! Many grants...

Grant Term

Application

A formal request – an application – guides you to provide the specific information needed to determine if you qualify for and are the most competitive applicant to receive funding. Applications are used for virtually...

Grant Term

Applied Research

Some grants are given to conduct applied research in order to solve real world problems with new technology: treat diseases, reduce energy consumption, increase industrial efficiency, and so on. Applied research is...

Grant Term

Award

In grant-speak, the award is the financial assistance you receive, not a trophy or a medal! It may be a no-strings-attached grant or it may be a contract. It can also be used as a verb, as in “we awarded a grant to ABC...

Grant Term

Basic Research

While most businesses don’t receive grants for basic research – they tend to go to universities or specialized research organizations – this is pure pursuit of knowledge for its own sake rather than to solve a problem.

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