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Project funding

Project funding refers to the financial resources allocated to support a specific initiative or project, such as construction, research, or community programs. This funding can come from various sources, including government grants, private investors, loans, or crowdfunding. The goal is to secure the necessary capital to cover costs such as materials, labor, and overhead. Proper funding ensures that a project can be executed successfully, meet its objectives, and deliver value to stakeholders. Understanding project funding is essential for managing budgets, timelines, and overall project viability.