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The types of external sources from which gapfinancing was secured by rejected applicants is dominated by institutions which provide grants or soft loans.
We believe that many respondents planned to undertake their projects as soon as gapfinancing could be arranged.
Another major source of gapfinancing was grants from state, regional or municipal government budgets.
Thus, it appears that the most common sources of gapfinancing included own resources and subsidized sources of financing.
Thirty-eight respondents reported using this source for gapfinancing.
Thus, the aim of the survey was to identify applicants of rejected projects and determine what subsequent steps they had taken to secure gapfinancing.
Preferred gapfinancing appears to be subsidized financing offers by other funds and sources, but own resources have played an important role as well.
By contrast, own resources were identified as a proposed source of gapfinancing for only 31 per cent of respondents who postponed their projects (table 13).
In addition, a one-year period for the follow-up analyses seems to be sufficiently long to enable project promoters to revise applications, modify the original project or identify alternative gapfinancing.
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