Understanding the Public Funding Pathway Process is vitally important to avoid disappointments and frustrations of what may seem to be bureaucratic overkill. As with everything, there is a rationale behind how public funds are structured and administered. Public funding is not for everyone as it’s the last line of funding but the first port of call in free market economies. This section will provide an overview of how these operate to better prepare you to make informed decisions moving forward.
IF YOU ARE READING THIS, STOP & THINK!
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Apply for Funding
Executing the Project
Claiming Your Funds
The Governments wants and needs businesses to succeed and as such it provides the financial and non-financial support for various purposes through various funding streams. This is covered in some details in other sections of the website. Public funding is offered primarily in the form of grants. Grants come in all shapes and sizes and are designed to facilitate growth in much-needed areas of society and industry providing a mechanism to address market failure.