Funding Lifecycle

Why This Exists

This document defines funding need, application, repayment, and workflow lifecycle states.

Owner

The owner is the Chief Product Officer and Enterprise Architect.

Business Value

Lifecycle clarity makes funding support trackable from need identification through assessment, application, approval, repayment, and closeout.

Funding Workflow States

State	Meaning
Need Identified	Funding need has been captured.
Assessment In Progress	Working capital or eligibility assessment is underway.
Ready For Recommendation	Product and partner matching can occur.
Recommended	Funding recommendation has been recorded.
Application Draft	Application is being prepared.
Submitted	Application has been submitted to partner.
Under Review	Partner or workflow review is active.
Approved	Funding application approved by partner.
Declined	Funding application declined.
Active Funding	Funding is active and repayment may be tracked.
Closed	Funding workflow closed.

State Diagram

stateDiagram-v2
    [*] --> NeedIdentified
    NeedIdentified --> AssessmentInProgress
    AssessmentInProgress --> ReadyForRecommendation
    ReadyForRecommendation --> Recommended
    Recommended --> ApplicationDraft
    ApplicationDraft --> Submitted
    Submitted --> UnderReview
    UnderReview --> Approved
    UnderReview --> Declined
    Approved --> ActiveFunding
    ActiveFunding --> Closed
    Declined --> Closed
    Closed --> [*]

Lifecycle Rule

Approval is partner-owned or externally determined. Funding may track approval state but must not imply guaranteed approval.