A smart grant strategy can help you unlock the potential of your clean tech business. What business owner wouldn’t want access to free money? In most cases, it won’t cost you anything to apply for a grant, but there will be some rules associated with the funding
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A smart grant strategy can help you unlock the potential of your clean tech business. What business owner wouldn’t want access to free money? In most cases, it won’t cost you anything to apply for a grant, but there will be some rules associated with the funding. Funders have mandates that influence who they award grants to, and how they expect the money to be spent. Make sure you understand the parameters of the program you’re applying to, so that you don’t end up listing ineligible expenses in your applications or claims reports. Here are some common ineligible expenses for different types of grants:
As always, the information provided in this guide is a baseline, and not a replacement for reading the instructions provided to you by the program. Every program has its own rules, and understanding them is key to maximizing your success.
When should you apply for a grant for your clean tech business? Ideally, not when you’re desperate for cash to support a new project or hire.
Curious about how much grant funding your company can get?