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The phrase "financial backing for" is correct and usable in written English
It can be used when discussing support or funding provided for a project, initiative, or organization. Example: "The startup secured financial backing for its innovative technology from several investors."
Exact(60)
The Koch Administration has provided financial backing for these projects.
Women, less-attractive men lag in the effort to find financial backing for startups.
Financial backing for Jordan and Lebanon was "totally inadequate," he added.
The receivers said they had been given no evidence of financial backing for the bid.
At the same time, the South often lacked financial backing for development.
At that time, however, no financial backing for the deal had been arranged.
It also influences and provides financial backing for Al Qaeda's operations in Mali.
Mr. Deane and his group, Starrett City Associates, provided the financial backing for the project.
Within months, he had acquired crucial political and financial backing for Better Place.
But no one seemed particularly interested in providing financial backing for his project.
And production was further delayed until the BBC provided critical financial backing for the grandiose project.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com