Business grants are funds provided by governments, organizations, or foundations to support specific business activities or projects. Unlike loans, grants do not need to be repaid, making them an attractive option for entrepreneurs and small businesses. These grants can be used for various purposes, such as starting a new business, expanding operations, or funding research and development. To qualify for a business grant, applicants typically need to meet certain criteria, which may include demonstrating a viable business plan or addressing specific community needs. Various types of grants exist, including those focused on innovation, sustainability, or supporting underrepresented groups in business, such as women or minorities.