Match Funding Guidance

Towns have successfully submitted their Town Investment Plans and have prepared, or are currently preparing, Business Cases for their interventions. As part of the preparation of these Business Cases, Towns need to consider all the sources of funding and how these sources will be used to deliver their interventions.

This short note sets out guidance on match funding, and more widely co-funding, for Towns as part of the production of Business Cases for the projects that were allocated Towns Fund funding. While it is not an exhaustive or fully comprehensive note, it aims to support the development of the Business Cases and decision making of Towns.

It should be noted that a degree of judgement will still need to be applied by Towns on a case-by-case basis when explaining how match funding has been achieved. We have included some examples at the end of this guidance.