Grants are non-repayable financial support provided by state or municipal institutions and other third parties. Grants are usually awarded to a legal or individual person and can be used to compensate for wages, job creation, project financing, interest compensation, business participation in exhibitions, fairs, business missions, and so on.
Microcredit is a very small amount of credit provided on simplified terms.
Soft loans are those that are provided on more favorable than market terms. Typically, the state is the entity that eases the burden on borrowers by paying a portion of annual interest over a period of credit repayment.