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While it is possible for an entrepreneur to start a business using a government grant as a source of finance, relying solely on a grant may not be sufficient. Grants often cover specific projects or initiatives and may not provide enough funding to cover all startup costs. Additionally, many businesses require ongoing capital for operations, marketing, and growth, which typically necessitates other funding sources. Therefore, while a government grant can be a valuable resource, it is usually best complemented by other forms of financing.

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2d ago

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