Funded

The term 'funded' refers to the provision of financial resources, typically for a project, initiative, or organization, ensuring that sufficient capital is available to support its objectives. In business and finance, being 'funded' signifies that an entity has secured necessary monetary backing, often through investments, grants, or loans, enabling it to proceed with its planned operations or investments without financial constraints.

Funded meaning with examples

• After months of negotiations, the environmental conservation project was finally funded by a coalition of local businesses and nonprofit organizations, allowing them to begin restoration efforts in the wetlands. With the funds secured, the team could now hire additional staff and purchase the necessary equipment for the upcoming fieldwork, ensuring the project’s long-term success and sustainability.
• The university announced that its new research center for renewable energy has been officially funded by a significant grant from the government, amounting to several million dollars. This funding will not only support ongoing research but also lead to innovative breakthroughs in sustainable technologies, positioning the institution as a leader in environmental research and attracting further investments from industry partners.
• A crowdfunding campaign was launched to ensure the community art center was funded adequately to host free workshops for children in the area. By sharing their vision and inspiring local residents to contribute, the center exceeded its fundraising goal, providing an accessible space for creativity and learning. This initiative not only engaged the community but also fostered a sense of belonging and artistic expression among participants.
• The startup successfully secured its initial round of funding, enabling it to hire key personnel and begin product development. With the business now funded, the founders could focus on bringing their innovative technology to market, providing solutions that meet customer needs. Investors expressed confidence in the team's vision, allowing for future rounds of investment to expand operations and enhance product offerings.
• After receiving funding from a national arts council, the theater group was able to produce its first-ever original play, thrilling audiences with its unique storyline and talented cast. This financial backing allowed them to invest in high-quality production values, marketing efforts, and outreach programs, ultimately strengthening the local arts community and enriching cultural offerings for everyone involved.