Grant funding is financial support provided by organizations, governments, or foundations to help individuals or groups achieve specific goals. This funding is often awarded for projects in areas like education, research, community development, or the arts. Unlike loans, grants do not need to be repaid, making them a valuable resource for those seeking to implement new ideas or initiatives. To obtain grant funding, applicants typically submit a proposal outlining their project, budget, and expected outcomes. The proposal is then reviewed by a panel or committee, which decides whether to award the grant based on criteria such as feasibility and alignment with the funding organization's mission.