Business grants are primarily for research and commercialization efforts and are difficult for start-up, low-technology companies to acquire.

Question

Quizplus · Accepted Answer

Business grants are typically aimed at supporting research and development efforts or bringing new technologies to market. As such, they may be more accessible to established companies or those with a proven track record of innovation. Start-up companies, especially those operating in low-technology sectors, may have a harder time securing these grants. However, there are some grant programs specifically targeted at supporting early-stage entrepreneurs, so it is not impossible for new companies to access funding in this way.

Business Grants Are Primarily for Research and Commercialization Efforts and Are