What are the pros and cons of different funding sources?
There are several funding sources, including grants, loans, and crowdfunding. Would you like a breakdown of each?
Yes, please explain the pros and cons of grants.
Grants are great because they don't need to be repaid, but they can be competitive and time-consuming to apply for.
What about loans?
Loans provide immediate capital and are easier to obtain than grants, but they require repayment with interest.
And crowdfunding?
Crowdfunding can generate community support and marketing, but it often requires a strong pitch and can be unpredictable.
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