It depends on the business model and growth potential of each company. If you are setting up a company with minimal funding and a slower growth rate, government grants would be beneficial. [...]
Government grants restricts the flexibility of one’s business plans and growth potential. After accepting a government grant, any profit margin that exceeds the grant criteria will not be eligible for grants.
Individuals, organizations, and companies can benefit from the government grants. The government-funded programs aim to support the local and national economy.