significant financial backing

USAGE SUMMARY

The phrase "significant financial backing" is correct and usable in written English.
You can use it when referring to substantial monetary support for a project, business, or initiative. Example: "The startup was able to launch its innovative product thanks to significant financial backing from several investors."

✓ 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 writing about projects or initiatives, use the phrase "significant financial backing" to highlight that a substantial amount of monetary support was crucial for its success.

Common error

Ensure you don't inadvertently use "insignificant" when you mean "significant". The opposite meaning can drastically alter the message, indicating a lack of crucial funding rather than its presence.

Linguistic Context

The phrase "significant financial backing" functions as a noun phrase, typically serving as the object of a verb or preposition. As Ludwig AI confirms, this phrase is correct and commonly used. Examples from Ludwig demonstrate it describing the support received by projects, organizations, or individuals.

Expression frequency: Common

Frequent in

News & Media

48%

Science

24%

Formal & Business

12%

Less common in

Encyclopedias

4%

Wiki

4%

Reference

0%

Ludwig's WRAP-UP

In summary, "significant financial backing" is a commonly used and grammatically correct phrase that denotes substantial monetary support. As Ludwig AI confirms, this phrase is used across various contexts, including news, science, and business. It highlights the importance of monetary assistance for projects, organizations, or individuals. While alternatives like "substantial monetary support" and "considerable funding" exist, the core meaning remains consistent. When using this phrase, ensure that the context accurately reflects the considerable nature of the financial assistance and avoid confusing it with similar-sounding but opposite terms.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

substantial monetary support

Replaces "significant financial backing" with synonyms emphasizing the amount and type of support.

considerable funding

Focuses on the "funding" aspect, implying a large amount of money.

ample financial resources

Highlights the availability of "financial resources" in a plentiful quantity.

strong financial support

Emphasizes the strength and reliability of the monetary assistance.

generous financial aid

Indicates that the financial assistance is given in a large amount.

extensive financial assistance

Replaces "backing" with a more formal term, "assistance", and uses "extensive" to mean large.

large-scale investment

Highlights the "investment" aspect, indicating a substantial amount of capital.

major financial contribution

Focuses on the act of contributing a significant sum of money.

robust financial endowment

Implies a permanent fund providing strong financial support.

substantial capital infusion

Focuses on injecting a large amount of capital into something.

FAQs

How can I use "significant financial backing" in a sentence?

You can use "significant financial backing" to describe the monetary support a project, organization, or individual receives. For instance, "The research project received "significant financial backing" from the National Science Foundation."

What are some alternatives to "significant financial backing"?

Alternatives include "substantial monetary support", "considerable funding", or "ample financial resources", depending on the context.

Is it correct to say "significant financial backing" or "significantly financial backing"?

"Significant financial backing" is the correct phrasing. "Significantly" is an adverb and doesn't fit in this adjectival phrase; "significant" is the correct adjective to modify "financial backing".

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

"Financial backing" generally implies support from an individual or organization, while "funding" is a more general term for monetary resources. You can often use them interchangeably, but "financial backing" emphasizes the act of providing support.