<font color="#000066">Please advise me which is the correct grammar in writing:</font><br/><br/><font color="#000066">The program is a State-led initiative.</font><br/><br/><font color="#000066">The program is a state lead initiative.</font><br/><br/><font color="#000066">The program is a state led initiative.</font><br/><br/><font color="#000066">I have seen all three forms.</font><br/><br/><font color="#000066">Thank you for your research and advice.</font>