Define: Grant Funding
any funding or other aid or assistance from any central, state or local government body or authority, any statutory undertaking, any other public body or authority, or any other body funded by public money;
any funding or other aid or assistance from any central, state or local government body or authority, any statutory undertaking, any other public body or authority, or any other body funded by public money;.
Relevant Circumstances
- When public money is used to part-finance a project or operation
- If grant conditions restrict commercial use of funded outputs
- Where state-aid rules apply to publicly-funded support