Matched funding

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Matched funding

Matched funding and alternative funding sources

Services - Matched funding

A requirement for all grants is that the applicant must show that they have “matched funding”.

Thus grants may cover anything between 10% to 75% of a project’s eligible costs, but it is a condition of application that the applicant show that they have available the balance of funding required.

There are a variety of sources for this matched funding: cashflow, retained profits, further equity, directors’ loans, bank loans and other commercial funds e.g. asset backed lending.