While grants are a valuable resource, they come with their own set of challenges:
High Competition: Grants are often highly competitive, with many applicants vying for limited funds. Time-Consuming: The application process can be lengthy and require significant time and effort. Stringent Requirements: Many grants come with strict eligibility criteria and reporting requirements, which can be cumbersome to meet. Uncertainty: Even a well-prepared application does not guarantee success, leading to uncertainty in funding.