The phrase "institutional backing" is grammatically correct and can be used in written English.
It refers to the support or endorsement from an established organization or institution. Example: The success of the new research project was largely due to the institutional backing provided by the university's prestigious graduate school.
Three-way races are different: by definition, the independent candidate doesn't have any institutional backing.
Even with Satan's institutional backing, don't expect to get much in brownstone Brooklyn.
What happens when demagogues, with a little institutional backing, take high office?
But as America has found in both Iraq and Afghanistan, institutional backing helps to maintain a coalition.
From the summer of 2012 to mid-2013 the risks taken by many reporters – including staffers with institutional backing – increasingly overshadowed the rewards.
She was researching a story idea that she would later pitch to magazines and, as a result, was working without any institutional backing.
Although the club has only been operating for two and a half years, it's become New York's most prominent D.I.Y. venue, a performance space run without institutional financial backing, a formally trained staff, or many of the necessary permits.
And while the likes of Steve McQueen and Ava DuVernay (at whom Tarantino took a catty swipe in Ellis's piece) have recently made films about African-American history, that privilege has historically been reserved for white artists with institutional, studio backing in films like The Color Purple, Glory, and Lincoln.
We later reported that PayPal may have quietly backed the company, too, and again when they picked up a $7 million round of institutional funding back in May 2011.
Mr. Knell said that among his proudest achievements at NPR were "bringing institutional donors back" and "helping calm some of the waters on Capitol Hill".
MeLLmo raised $30 million from Sequoia in its first round of institutional funding back in September.
