Match Funding

Match funding is a financial arrangement where an organization or individual commits to providing additional funds that complement a grant or subsidy. Essentially, it means they agree to raise or contribute a certain amount of money to match the funding received from another source. This approach leverages existing resources to increase the total funding available for a project, encouraging investment and ensuring the project has sufficient financial support to succeed. Match funding is common in grants or fundraising initiatives, fostering shared responsibility and partnership in achieving project goals.