Answer:
One of the most significant, if not the most significant, advantages to government grants is the fact that the funding received can be non-repayable. Government agencies are often more willing to take the risk on start-ups and small businesses that banks/investors are not.
A grant is a sum of money awarded to your business from the government that you don't have to pay back. It's awarded to your business to assist in its development, often for a specific purpose.
