Match funding definition

Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:
Match funding means any contribution whether cash or in kind offered by, or required of, the Recipient and agreed prior to the signature of the Agreement towards the cost of achieving the Purpose;

Examples of Match funding in a sentence

  • Match funding sources include the prime contractor, subcontractors, and pilot testing/demonstration/deployment sites (e.g., test site staff services).

  • Match funding If this project includes any match funding, please describe what this is and attach details including value, terms and source(s) of funding with your application.

  • Match funding is any funding other than funding from the UK Community Renewal Fund that will be used to meet project costs.

  • These bond issues have also provided the needed State Match funding and provided funds for loans.

  • Match funding and other sources of external funding are sought wherever possible.


More Definitions of Match funding

Match funding means those funds contributed by Funding Recipient, or other entity for the sole purposes of covering the Eligible Costs.
Match funding means any contribution to the Funded Activities from a Third Party to the Grant Recipient to meet the balance of the Eligible Expenditure not supported by the Grant;
Match funding means any monies offered or required towards the cost of achieving the Purpose as a contribution by the Recipient;A “Mediator” means any independent person/body appointed by both Parties to mediate upon any dispute;A “Month” means any calendar month;An “Outturn Statement” means the detailed end of year monitoring report template found at Annex B to be submitted by the Recipient to the Authority containing a full breakdown of expenditure and income for the entire Funding Period;A “Party” means a signatory to this Grant Agreement;
Match funding means non-State funds dedicated to the project by the applicant.
Match funding means the monetary contribution to the Purpose from the Recipient, which is an amount equivalent or greater than the Grant Amount provided by the Funder.