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What is Government Agency Grant

Chapter 22
Handbook of Research on Designing Sustainable Strategies to Develop Entrepreneurial Intention
A financial assistance program provided by a government agency to individuals, organizations, businesses, or other entities to support specific projects, initiatives, research, or activities that align with the agency's objectives or serve a public purpose. Grants are typically non-repayable funds awarded through a competitive or non-competitive application process. These grants often aim to stimulate economic growth, address societal needs, promote innovation, or advance public welfare by providing financial resources to support valuable projects or programs.
Published in Chapter:
Using Public Grants for Intrapreneurial Projects at a University: A Feasibility Study Example for the Medicinal and Aromatic Plants Research Center
Zeynep Gormezoglu (Bezmialem Vakif University, Turkey)
Copyright: © 2023 |Pages: 16
DOI: 10.4018/978-1-6684-8781-5.ch022
Abstract
The purpose of this study is to present a condensed version of a feasibility analysis for the Medicinal and Aromatic Plants Research Center at a Turkish university, which is prepared for a grant application to a government agency. The center will conduct essential research and development, quality control, analysis, and testing operations to support the ecosystem. The aim of the center is to identify the yield and quality parameters of medicinal and aromatic plants and transform them into industrial raw materials such as herbal medicines, organic food, herbal cosmetics, etc. that can serve as alternative sources of sustainable income in various regions of the world. The chapter can function as a reference for comparable intrapreneurial intentions.
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