What is matched funding?
Every 1 invested by the CCF requires matching funding from the private sector. The matching funding must be invested at the same time and on the same terms as the CCF investment. For example, if the CCF wants to invest 75,000 the deal can only go ahead if at least 75,000 equity is invested from private sources. Private sources might be an individual ‘angel’ investor, friends and family, other venture capital funds or even corporations. However, for regulatory reasons, (a branch of European law called ‘State Aid’) the matching funding cannot come from another public source.
