cirdan
Engineer
- Joined
- Mar 30, 2011
- Messages
- 3,849
Isn't a grant essentially a loan that has to be repaid over time, albeit under more friendly conditions than a bank might offer you?
If they default on payments the company might go into bankruptcy and the Federal Government (or one of their agencies) might emerge holding the assets.
If they default on payments the company might go into bankruptcy and the Federal Government (or one of their agencies) might emerge holding the assets.