Funding refers to the process of offering financial resources to a program, project, or anyone in need. Oftentimes, the term funding is used while firms acquire capital from their internal reserves. Similarly, the term financing is used for using external sources to raise capital.
Some of the most common sources of funding include credits, donations, capital ventures, subsidies as well as taxes. The term crowdfunding or soft funding is often used while raising capital from subsidies and donations.
Subscribe to our newsletter for weekly updates 👇