Ellery’s company has applied for a subsidy. What does this MOST likely mean?

Answer 1

If Ellery's company has applied for a subsidy, it most likely means that the company is seeking financial assistance or support from the government or another organization. Subsidies are typically provided to help reduce the costs of production, support certain industries, promote economic development, or encourage specific activities, such as research and development or environmentally friendly practices. This financial aid can help Ellery's company improve its competitiveness, invest in new projects, or manage its operational costs more effectively.