What Is a Grant?
Posted on February 7, 2017
A grant is one of the government’s tools for funding ideas and projects to provide public services, stimulate the economy, and benefit the general public. Grants can be awarded for a wide-variety of activities, such as innovative research, recovery initiatives, infrastructure building, or any of the other hundreds of funding programs in the Catalog of Federal Domestic Assistance (CFDA).
Examples of U.S. federal grant programs include those that support justice and law enforcement, social services and health research, and research in science and technology.
The process of successfully serving the public through grants, though, can be quite complex. Grant programs originate from laws, and then are administered by the appropriate federal agency.