Definition, Meaning & Synonyms
project-grant
Noun
/ˈprɒdʒɛkt ɡrænt/
Definition
A project-grant is a financial award provided to support a specific project or initiative, often requiring applicants to submit a proposal outlining the objectives, methodology, and anticipated outcomes of the project.
Examples
- The university received a project-grant to conduct research on renewable energy sources.
- Non-profit organizations often rely on project-grants to implement community service programs.
Meaning
It refers to funds allocated for the completion of a project, usually provided by government bodies, foundations, or academic institutions.
Synonyms
- Funding
- Financial support
- Grant
- Subsidy
