Funding instruments & exemptions · Core

Grant funding

Also called: grant finance

ELI5

Money awarded for a purpose that usually does not need repayment.

Used in conversation

“Grant funding still creates compliance and reporting obligations.”

Definition

Non-repayable funding awarded under stated eligibility, purpose and reporting conditions.

Here “Grant funding” means: Non-repayable funding awarded under stated eligibility, purpose and reporting conditions.

Pitch context

You will see “Grant funding” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches funding instruments & exemptions.

Why it matters: In funding instruments & exemptions, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.