Other Transactions/Innovation/Grants/SBIR
Other Transactions/Innovation/Grants/SBIR
Summary
A brief reference sheet titled "Grants and Agreements" defining core assistance and agreement concepts. It distinguishes a grant (money awarded to finance a particular activity, with purpose and eligible recipients set by the authorizing legislation) from a basic agreement (a negotiated instrument of understanding that supplies clauses for future contracts but is not itself a contract). The body is thin and provides only definitional context rather than substantive OT guidance.