Looking for the meaning or definition of the word backing? That's all it means.
supporting; funding
backing, backup, championship, patronage(noun)the act of providing approval and support
"his vigorous backing of the conservatives got him in trouble with progressives"
backing, mount(noun)something forming a back that is added for strengthening
support, financial support, funding, backing, financial backing(noun)financial resources provided to make some project possible
"the foundation provided support for the experiment"
an act or instance of helpingthe teacher's backing on the science project was invaluable
the financial support and general guidance for an undertakingthe museum exhibition would not have been possible without corporate backing
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