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Growth Fund Grant

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Hi, I would like advice on how to check out a grant offer to start up a small business. The application process was very easy (phone calls) and didn't require a business plan. An offer has been received from another company, but would like to know how to check that it is all legitimate. The terms and conditions don't mention any targets that need to be met and is very vague. It also specifies that you have to use a specific bank and put in 30% of the project funding yourself.

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