Grants are usually one-time and use-restricted, so when the funds are spent, ongoing needs are met with financing — a business line of credit for recurring working capital, a term loan for a specific investment, or revenue-based financing for speed. The goal is sustainable capital, with grants as a supplement rather than the foundation.
A grant is a fixed, often purpose-restricted injection — it doesn't refill. When it's spent but the business still needs capital to operate or grow, the durable answer is financing you can size to the need and repay from revenue, rather than waiting on the next grant cycle.
Treat grants as a supplement, not the foundation. Build a capital plan around predictable financing for ongoing needs, and pursue grants opportunistically on top. That keeps the business funded on its own timeline instead of a grant calendar you don't control.