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Government Grants Cost No Equity, But are Not Free
February 14, 2013 /
In the US, many entrepreneurs see grants as "free money," since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either. Typically they can be used to fund product development and commercialization that would otherwise require outside investors.
Martin Zwilling
Full Story: http://blog.startupprofessionals.com/2013/02/government-grants-cost-no-equity-but.html
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Posted in: Funding and Building your Business