Significant financial backing

USAGE SUMMARY

The phrase "Significant financial backing" is correct and usable in written English.
You can use it when discussing the level of financial support or investment that is substantial enough to impact a project, business, or initiative. Example: "The startup was able to launch its innovative product thanks to significant financial backing from several venture capital firms."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

25 human-written examples

We will announce new deals and initiatives, many with significant financial backing from U.S. taxpayers and our business community.

The Washington Post

However, since then the party has received the significant financial backing of former Conservative supporter Arron Banks, who pledged £1m to Ukip in October.

The Guardian

Unlike many riders who depend on sponsors, Kessler has the advantage of significant financial backing from her parents, Teri and Murray Kessler, who also ride competitively.

The New York Times - Sports

A press release dated April of this year says the foundation is to receive "significant financial backing over the next five years" from the "Waalwijk Charitable Trust".

The Guardian

After last season's disappointments, Steve Morgan sold the club to Fosun International, a Chinese development company, for £45m and the former Italy goalkeeper Walter Zenga Kenny Jacketttt's replacement as manager – has been promised significant financial backing.

The Guardian - Sport

Clark now works for the Times's Red Box supplement and so proves that it is possible to "make it" without significant financial backing and parental contacts, though not without serious hard work.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

35 human-written examples

Second, the team is competing against teams with significant some financial backing (and actually hail from more arctic climes).

TechCrunch

The sport is not under immediate threat but there were significant financial cut-backs here, namely the abolition of the pre-cross-country steeplechase section.

The Guardian - Sport

Prosecutors in Brussels said that initial investigations showed there had been an attack on Belgacom which could only have been possible with "significant financial and logistical backing".

Independent

Despite the injection of public funding, the charity behind the project, the Garden Bridge Trust, still requires a significant amount of financial backing and among its revenue-raising initiatives are naming opportunities for items on the bridge.

The Guardian

Owner Margo D'Angelo knows the new pipeline will not bring her any significant financial rewards, but backs the development almost as a reflex reaction.

The Guardian

Expert writing Tips

Best practice

When describing the impact of financial support, quantify the backing if possible. Instead of saying "significant financial backing", specify "$1 million in financial backing" to provide concrete details.

Common error

Avoid implying that "significant financial backing" automatically guarantees success. Instead, focus on how the backing enables specific actions or goals.

Linguistic Context

The phrase "significant financial backing" functions as a noun phrase, often serving as the subject or object of a sentence. It describes the source of funds or capital that has a high impact on a certain project or business.

Expression frequency: Common

Frequent in

News & Media

73%

Science

13%

Formal & Business

7%

Less common in

Wiki

3%

Encyclopedias

1%

Academia

0%

Ludwig's WRAP-UP

The phrase "significant financial backing" is a commonly used noun phrase that describes substantial financial support or investment. As Ludwig AI confirms, it's grammatically correct and suitable for various contexts. It emphasizes the importance and impact of the funding received. The phrase appears most frequently in news and media, followed by science and formal business contexts. When writing about financial support, consider quantifying the amount and focusing on the actions enabled by the backing, rather than overstating its guarantee of success. Alternatives include "substantial funding", "considerable financial support", and "major investment".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

substantial funding

Replaces "financial backing" with "funding" and "significant" with "substantial", emphasizing the amount of money provided.

considerable financial support

Uses "financial support" instead of "financial backing" and "considerable" instead of "significant", highlighting the assistance provided.

major investment

Focuses on the investment aspect, replacing "backing" with "investment" and "significant" with "major".

ample monetary resources

Emphasizes the resources available, substituting "backing" with "monetary resources" and "significant" with "ample".

robust financial resources

Similar to the previous alternative, but uses "robust" instead of "ample" to describe the financial resources.

heavy financial investment

Highlights the investment side, replacing "backing" with "financial investment" and modifying "significant" with "heavy".

generous financial contributions

Focuses on the generosity of the contributions, using "contributions" instead of "backing" and "generous" instead of "significant".

strong financial commitment

Highlights the commitment aspect, replacing "backing" with "commitment" and "significant" with "strong".

large capital infusion

Emphasizes the injection of capital, substituting "backing" with "capital infusion" and "significant" with "large".

extensive financial endowment

Suggests a long-term provision of funds, replacing "backing" with "financial endowment" and "significant" with "extensive".

FAQs

How to use "significant financial backing" in a sentence?

You can use "significant financial backing" to describe the support a project, company, or individual receives, such as "The new venture received "significant financial backing" from venture capitalists."

What can I say instead of "significant financial backing"?

You can use alternatives like "substantial funding", "considerable financial support", or "major investment" depending on the specific context.

Which is correct, "significant financial backing" or "significant finance backing"?

"Significant financial backing" is correct. "Finance" is typically used as a noun or verb, while "financial" is the adjective form suitable for modifying "backing".

What's the difference between "significant financial backing" and "seed funding"?

"Significant financial backing" is a general term for substantial financial support, while "seed funding" refers specifically to the initial capital raised by a startup or new venture.