What is a discretionary grant sometimes referred to as?

A discretionary grant is often referred to as a project grant because it is typically awarded on a competitive basis to fund specific projects or initiatives. Project grants are designed to provide financial assistance for particular projects that meet the criteria set by the funding agency, emphasizing their purpose-driven nature. This contrasts with other types of grants, which may have different funding mechanisms or requirements. Understanding this differentiation is essential when navigating the landscape of governmental grants, as it highlights how funding can be directed toward innovative projects or essential services within communities.