Grants are debt-free money, given by an institution or an individual to a certain type of entrepreneur or startup that they want to support (e.g. women of color entrepreneurs, B2B SAAS startups, etc.). Grants are non-dilutive capital that can be the boost an early-stage startup needs to launch, or get through a difficult period. They allow founders to get cash in the door while retaining equity.
What are grants?
