Edexcel GCSE Design and Technology · 1DT0
Specification 1.1.2 · Paper 1
Revise: EnterpriseA grant provides money for a specified purpose and normally does not need to be repaid if its conditions are met. This avoids loan repayments, but grants can involve lengthy applications, competition for limited funds and restrictions on how the money is used. Businesses may also have to report how they spent it.