A grant proposal is a document that individuals and businesses submit to government agencies and other organizations to receive funding for a specific purpose.
Grant funds are usually used to finance the investigation of a business concept, provide working capital for ramping-up a business or other purpose.
Some ways small business owners might spend grant funds include:
hiring new employees.
covering day-to-day costs.
upgrading facilities.
product development.
purchasing inventory.
expanding retail partnerships.
investing in marketing.
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