seed money

noun

|Updated on: 18 Jul 2018

Examples: seed money in a Sentence

Definition of seed money

: money used for setting up a new enterprise

See seed money defined for English-language learners

Examples of seed money in a Sentence

He provided seed money for the campaign.

Recent Examples of seed money from the Web

Purdue Pharma, the maker of Oxycontin, provided $1.5 million in seed money to endow the position Christopher held — the Kathleen M. Foley Chair for Pain and Palliative Care — after her tenure as president.

— andy marso, kansascity, "Myra Christopher, longtime leader of Center for Practical Bioethics in KC, retires," 1 July 2018
The council approved $560,000 in seed money to launch Indy Achieves, a Hogsett initiative that seeks to enable 95,000 residents over five years to complete degree and certificate programs.

— james briggs, Indianapolis Star, "Indianapolis council rejects Downtown tax; approves money for education, streets," 18 June 2018
Snohomish County Parks has set aside $250,000 in seed money for the memorial, but hopes to help the families of victims raise $6 million, spokeswoman Shannon Hays said.

— sarah wu, The Seattle Times, "How new artwork is meant to recall life before the deadly Oso landslide," 9 June 2018
According to Turner, Poggi, a hedge-fund manager, had been bankrolling the Panthers program from the start, donating about $60,000 in seed money.

— katherine dunn, baltimoresun.com, "St. Frances football faces struggle to put together football schedule after MIAA departures," 31 May 2018
But Gillibrand wants Congress to force the Postal Service into the banking business — while easing that transition — by providing it with a mandate and seed money.

— eric levitz, Daily Intelligencer, "Democrats Have a Plan to Save the Post Office – and Kill Payday Lenders," 25 Apr. 2018
In his prepared testimony, Mr. Bridenstine said NASA has earmarked limited seed money to encourage private ventures to take over and use part of the orbiting facility past the 2025 deadline.

— andy pasztor, WSJ, "NASA Chief Lays Out Lunar-Exploration Plans, Commits to Climate-Change Research," 23 May 2018
The federal seed money is aimed at filling a gap that the private sector generally doesn’t: the difficult period of applied research, when the science is proven but the prototype is not yet built.

— mark trumbull, The Christian Science Monitor, "Even in Trump era, green energy innovation is sparking, not sputtering," 27 Apr. 2018
Leal was at last appointed historian of the city, given $1 million in seed money and carte blanche on how to use it.

— néstor martí, Smithsonian, "The Man Who Saved Havana," 18 Apr. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'seed money.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.