Program Funding Types
Learn more about the four separate categories that classify our funding and financial incentives.
A grant is a non-repayable sum of money awarded for a specified purpose. We have a variety of grant programs available, from those that fund research and development projects and police regionalization to those that assist startup businesses and flood control projects.
A loan is a lent sum of money that is paid back with interest. You can find loans here for funding projects in distressed communities, jump-starting small businesses and more.
A loan guarantee is a promise by a lender to assume the debt obligations of a borrower if he or she defaults on a loan.
Tax credits are sums of money awarded to help offset specific taxes associated with various activities, such as expanding a business, investing in a particular industry or donating capital to scholarship programs.