What does “Recoverable grant” mean in grants?
A grant the recipient repays if the funded work succeeds. If the work fails, the funder often forgives it. It sits between a grant and a loan. Funders use it most for early-stage ventures and research with a commercial path.
A common mix-up
What people assume: It's a grant, so you never pay it back.
What it means in grants: A grant you repay if the funded work succeeds.
Go further
The full guide: Foundation money and for-profit companies.
Look up any other term in the grant glossary.
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