Microgrant

A microgrant is a grant or donation of money that is given to someone with a specific purpose that is usually smaller than a traditional grant. It is used to help people complete projects or achieve goals that would otherwise be difficult to manage with limited funds. For example, someone might receive a microgrant to start a small business or to complete a creative project. The money is usually given to someone with a plan for how the money will be used, and a timeline for when the goals will be achieved.