Matching Grants are where a government or other party provides funds on the condition that the receiving party raises equivalent funds to complete a nominated project. They work to make sure that an organisation is adequately committed to a project, but do place impossible demands on organizations that desperately need funds.
These are grants (money) that no one or no company has given money. If it is a $100 grant and there are matching funds there will be another $100.
Matching Grants are where a government or other party provides funds on the condition that the receiving party raises equivalent funds to complete a nominated project. They work to make sure that an organisation is adequately committed to a project, but do place impossible demands on organizations that desperately need funds.
Categorical-formula grants
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An obvious advantage of a grant is the fact that it can aid a person in performing necessary research. A big disadvantage is that the funding may not be enough to cover the whole of the research.