The American Recovery and Reinvestment Act has already begun to pump billions of dollars into federal grant programs that run the gamut from education to the environment to infrastructure improvement.
Grant Money Doesn't Come Free
Here is a list of some things that in-house counsel may find surprising about the terms and conditions of the grant that a business might hope to receive under the Recovery Act. This list is especially critical for grant neophytes, particularly for-profit companies making their first foray into the grants world.
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