Does the award fund count as a grant?
Incentive funds are not financial assistance. Incentive fund is usually regarded as an incentive measure to motivate specific groups such as employees, management or shareholders to achieve good performance in the company. Therefore, the award fund is not considered as financial assistance. Financial assistance usually means that a company provides financial support or loans to other entities to help them achieve their business goals or expand their business scale. These entities may need to repay the loan principal and interest and comply with certain loan conditions and restrictions. In contrast, incentive funds usually do not need to repay principal and interest, and are usually related to specific performance or performance. The purpose of incentive fund is to encourage and reward employees or management, so as to make them achieve better performance and performance in the company, thus promoting the long-term development of the company. Therefore, the incentive fund is not regarded as financial assistance, but as an incentive measure.