One of the major problems upcoming entrepreneurs face is a shortage of funds to effectively chase their dreams.

Fortunately, the problem of lack of financing that most upcoming businesses face has been minimised thanks to government’s new found willingness to help start-ups by providing financial assistance through grants.

But first, what is a government grant?

You can think of a grant as money awarded by the government to finance your business. But unlike other financing options, you don’t have to pay back the sum received as a grant. The fact that the sum received via a government grant is something that you don’t need to pay back makes it a very tempting offer.…