Understand repayment, ownership, application, and program-purpose differences among common business funding paths.
Program rules, amounts, and dates can change. Check the linked official sources for the current cycle.
Grant
A grant has sponsor-defined purposes, eligible applicants, permitted costs, and possible reporting duties. It is not general-purpose funding for every business.
Loan
A loan is borrowed money that must be repaid under its terms. Review repayment, interest, collateral, fees, and other conditions with the lender.
Venture capital
Venture investors provide capital in exchange for an investment interest; ownership or other rights may be involved. Securities laws can apply. Compare the structures neutrally and get professional guidance before commitments.