Answer is True.
New and continued funding is a result of Program Success.
When a program is launched, and is funded by the external source, it is hoped that the program gets success. And if the program turns out to be successful, the external source who is funding the program will continue the funding and may do some new funding as well.
For example, if Government funds your knitting program for village girls, and after some time, the program comes out to be a success, the government will continue the funding for this program and may also give fund for some new program like this.
So this statement stands True.
