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It's "anchored" by $50 million (of which half is support). But what does "anchored" mean here? The article also lists an additional $20 million from UF. I would
by tgb 6y ago
It's "anchored" by $50 million (of which half is support). But what does "anchored" mean here? The article also lists an additional $20 million from UF. I wouldn't be surprised if there was even more.
- QuotedForTruth 6y agoIts a $70M effort "anchored" by $25M cash donation and $25M in hardware. I've heard anchored used to indicate an initial "getting us started" donation at the beginning of a fund raising drive. Its easier to raise the final portion once you've got momentum and people think the project is likely to be successfully funded.