It happens that entrepreneurs are in a stricter framework. If the grant was given in the field of social entrepreneurship, then the business must be focused on a socially useful goal.
Some grants apply strictly to increasing employment: for example, to create a uk business email list ertain number of jobs for people with disabilities. Some support programs limit the period during which you can spend the money.
If the conditions for the intended use and terms are violated, then the money can be demanded back.
How to get a grant
To receive a large amount of money from the state free of charge, you need to pass the selection. A large number of applicants take part in the competition, each of whom is ambitious in their own way and considers their project worthy of winning. However, in 2021, only a fifth of the participants became the recipients of the presidential grant.
Register an individual entrepreneur or LLC
This short procedure is completed by the Federal Tax Service. To open an NPO, contact the territorial division of the Ministry of Justice in your region.
Important: it should be taken into account that most state and commercial funds do not issue grants to newly created organizations.
For example, an application for a presidential grant will only be considered if the NPO is registered at least six months before the deadline for accepting applications for participation in the competition.
If the age of the organization is from 6 months.