European Structural Funds meet only a proportion of the cost of any project, the rest of the cost of a project has to be funded from other sources, which can be either public or private sector – this is called match funding
The term used when funders will only fund a percentage of the total cost of a project (eg: 50%) and require the remainder to be matched with income from other funders on donations in kind.
Match Funding is an essential part of how the European Social Fund (ESF) works. ESF can only meet a part of the eligible costs of a project and the balance has to be found from other sources. Match Funding is the amount organisations (other than ESF) give towards the eligible costs of a project. Match funding can be either public funding or a combination of public and private funding. Co-financing organisations are able to provide match funding on behalf of the applicant.
European funding does not provide 100% funding for projects. Therefore money has to be found from other sources to fund a project. This other money is match funding, the part of the projects' funding that comes from outside the structural funds. All Structural Funds resources have to be matched by other funds.
A risk control policy that provides funds for a particular financial asset having the same currency, maturity and interest rate characteristics as that asset. Match funding ensures that we maintain initial financing spreads or margins for the life of a financial asset, and is executed directly, by issuing debt, or synthetically, through a combination of debt and derivative financial instruments. For example, when we lend at a fixed interest rate in the U.S., we can borrow those U.S. dollars either at a fixed rate of interest or at a floating rate executed concurrently with a pay-fixed interest rate swap. See “Hedge.
The process by which certain funders will only fund a percentage of the total costs of a project (e.g. 50%) and require the remainder to be matched with income from other funders or in-kind donations.
Fiscal Support provided by Project Partners
Where a bank arranges its own funding arrangements to match exactly the future repayment(s) under a loan or other lending transaction.
A requirement by funding agencies that any contributions they make towards programme or project costs should be matched by other funders, or by the applicants from their own resources. Some may allow in-kind contributions (e.g. the value of volunteer time) to count.