👉 A grantee is a party that receives financial assistance or resources from another entity, typically in exchange for a specified percentage of the recipient's profits or revenues. The terms "grantee" and "grantor" are often used interchangeably to describe this relationship. Grantees are usually individuals, organizations, or government agencies who receive money or other resources as part of a broader grant program.
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What is the definition of Grantees? 🙋
👉 Grantees are individuals or organizations that receive financial support from a government agency, non-profit organization, or other entity to undertake specific projects or initiatives. These grants can be used for various purposes such as research, education, community development, and infrastructure improvement, among others. Grantees typically have access to resources, funding, and technical assistance to help them achieve their goals.
