Several types of start-up grants are available, each focusing on different aspects of business development:
- Innovation Grants: These are often provided by government agencies to support technological advancements and innovative business ideas. - Research and Development Grants: These grants fund the research phase of a new product or service, helping entrepreneurs bring their ideas to fruition. - Small Business Grants: General grants aimed at supporting small businesses in various industries. - Demographic-Specific Grants: Grants targeted at specific groups, such as women-owned businesses, minority-owned businesses, or veteran-owned businesses.