government funding for SME or small to medium enterprise, are often complex with many stages and processes, and each funding or grant will have its own needs and criteria for applying. It is mostly seen that most of the small business grants are awarded to help launch a new business or start-up, with the main aim to create more job opportunities and stimulate the economy.
There are many forms in which government funding is available- from free equipment to reduced costs, to cash awards to assist your new start-up to grow. Government funding is either a soft loan or an equity finance or direct grant.