grantrepreneur
People who exist on and for public subsidies, also known as corporate welfare. They're not business people, they're just good at getting money from government.
That corn ethanol plant can't turn a profit without government grants. It's run by a bunch of grantrepreneurs.
Grantrepreneurs
Startup founders relying on grants and government funding, often at the expense of growing their early-stage ventures in the ‘common’ investor-funding (or bootsrapping) way. You can find tGrantrepreneurs mainly in Europe.
"Young founders should be mindful about not becoming Grantrepreneurs and investors weighing up opportunities should view Grantrepreneurs as a potential red flag - a negative signal as per their overall entrepreneurial strength."