Grants for research cover funding for scientific research in all areas and involve a screening process through which potential research projects are evaluated and awarded funding on that basis. Research funding generally comes from two major sources, corporations and government. Government grants for research are awarded to support high quality research leading to discovery and advancement. The funds are utilized to support the expenses pertaining to the facilities and equipment needed for the research.
Government grants are awards for financial assistance from a federal agency to a recipient to carry out a public purpose research.
