A Funding Agency is an organization that provides financial support for various projects, research, or initiatives. These agencies can be governmental, non-profit, or private entities that allocate funds to promote development in areas such as education, health, science, and technology. They often have specific criteria and guidelines that applicants must follow to secure funding. Funding agencies play a crucial role in advancing knowledge and innovation by supporting researchers, non-profits, and businesses. Examples of funding agencies include the National Institutes of Health (NIH) and the National Science Foundation (NSF) in the United States. Their contributions help drive progress and address societal challenges.