It's been fairly common for the loans and grants I've seen in the UK to require proof of a bit of self-provided capital before you can get the funds.
I read that to mean "when you produce a bank statement with €5,000 in the account, we will pay you the first half".
It's been fairly common for the loans and grants I've seen in the UK to require proof of a bit of self-provided capital before you can get the funds.