|
|
| |
| Local Partners as Focal Point | | The dominant element of the projects is the local partners who conceive, cofinance and carry out the projects, because they know the needs and conditions of their community best. They must make a significant contribution to the financing of projects so that they consider them theirs, and will reliably carry them out.
The Limmat Foundation plays primarily a supporting and consulting role. In special situations it may act as a catalyst in order to launch and realize new initiatives. For the projects that receive public funds, it examines and reviews the dossiers so that they can be submitted to the appropriate government agency. Thanks to cofinancing, a substantial multiplier effect - up to eightfold - of private donations is achieved.
|
|
|
|