OPTRA Labs Guide
Troubleshooting and Resources

Glossary of Grant and Funding Terms

Last reviewed: April 2026

This glossary reduces ambiguity in drafting and internal reviews. Definitions are practical and should be cross-checked with live programme language where needed.

Common terms

TermDescription
Co-fundingA model where the business bears part of the cost and support covers a portion of eligible expenditure.
Eligible costA cost category that may be supported, subject to pathway rules, timing, and evidence.
ClaimReimbursement stage where approved and completed work is evidenced.
ClarificationFollow-up request seeking additional detail after submission.
Change requestRequest to document and approve material changes in scope, budget, timeline, or delivery arrangement.
Pilot fundingFunding tied to deployment validation in a real use case or environment.
Venture debtRepayable financing used for growth with debt obligations rather than subsidy support.

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