Description
Take into account the potential risks involved in providing an organisation or project with funding, and which benefits this may deliver the funder, in order to decide on whether to provide the necessary funds or not.
Alternative labels
decide on giving funds
decide on transferring funds
decide on arranging funds
decide on granting funds
Skill type
skill/competence
Skill reusability level
occupation-specific
Relationships with occupations
Essential skill
Decide on providing funds is an essential skill of the following occupations:
Venture capitalist: Venture capitalists invest in young or small startup companies by providing private funding. They research potential markets and particular product opportunities to help business owners develop or expand a business. They provide business advice, technical expertise, and network contacts based on their experience and activities. They do not assume executive managerial positions within the company, but have a say in its strategic direction.
Optional skill
Decide on providing funds is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
References
- Decide on providing funds – ESCO
