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@kaniini @jalcine
I have been a beneficiary of grant funding and it's good access to money (I was actually ready to lose hosting on the site as I could not afford it - this was not a software project though). And after that you write a report which just needs to match the grant's purpose.
The big drawback to it is that you need a longer term, what to do when grant funding runs out, since ordinarily I would not be getting a $xk income with the project. So grants are good as a big flush to work on a component of the project that would hopefully lead to more ways longer term to financially sustain yourself.