Matching funding
Kevin Miller
kevin at livecode.com
Sun Jul 20 07:39:19 EDT 2014
Yes, there is a substantial chunk coming from multiple government bodies
and some from other sources. The matching funding is very, very
significant for us in that it extends our original Kickstarter runway. The
grants get spent on development and do not impose any repayment burden
on us in the future. Every dollar going to this campaign will be matched.
Mark is absolutely right here - you may be getting a discount but we are
getting around double. There is a minimum threshold for this to happen or
we get nothing.
Kind regards,
Kevin
Kevin Miller ~ kevin at livecode.com ~ http://www.livecode.com/
LiveCode: Everyone can code
On 19/07/2014 16:19, "Mark Wilcox" <mark at sorcery-ltd.co.uk> wrote:
>The matched funding is in addition to the total. I don't know the exact
>source but assume it's some government scheme, matched funding seems to
>be the preferred method in the UK.
>
>It's the main thing that makes the campaign worthwhile. They pre-sell
>licences people would need anyway at a slight discount but get nearly
>double the normal amount thanks to the matching.
>
>Mark
>
>On 19 Jul 2014 02:22, Peter Haworth <pete at lcsql.com> wrote:
>>
>> Reading the HTML5 FAQs in today's newsletter, there's mention of
>>matching
>> funds. I may have missed it in prior announcements but I didn't know
>>about
>> that.
>>
>> Any info available on where those matching funds will come form, if
>>they
>> are part of the $395k or in addition to, etc?
>>
>> Pete
>> lcSQL Software <http://www.lcsql.com>
>> Home of lcStackBrowser <http://www.lcsql.com/lcstackbrowser.html> and
>> SQLiteAdmin <http://www.lcsql.com/sqliteadmin.html>
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