Why are Foundation Grants Important for Entrepreneurs?
Foundation grants provide several benefits for entrepreneurs, including:
Non-Dilutive Funding: Unlike venture capital or angel investments, foundation grants do not require entrepreneurs to give up equity in their company. Access to Resources: Many foundations offer more than just money; they provide access to networks, mentorship, and other resources that can be invaluable for startups. Credibility: Receiving a grant from a reputable foundation can enhance the credibility of a startup, making it easier to attract additional investment or partnerships.