Chayan Consultants Pvt. Ltd.

Role of Funding Bodies
Funding bodies play a crucial role in facilitating start-up SEs and offer a fixed term level of financial support in the short term. They also have a non-financial interest in the organization. However, they have strategic priorities of their own—for example the pursuance of economic and social regeneration. It is important for these organizations to fund viable projects that have defined objectives and can show evidence delivering on social value. To this end, they exert pressure on SEs to provide proof of meeting defined aims, such as accountability.