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Definition of «sponsorship»

The term sponsorship refers to providing financial or other support for an event, activity, person, or organization. It can involve a company or individual paying for advertising space during a televised sports game, or it could be someone offering money towards a charity run or walk. Sponsorship is often seen as a way of gaining exposure and building brand awareness in exchange for providing financial support to an organization or event.

Usage examples

  1. We secured a major sponsorship from XYZ Corporation for our upcoming charity event.
  2. The local sports team is actively seeking sponsorship from businesses to fund their new uniforms.
  3. The conference was made possible thanks to the generous sponsorship of several local organizations.
  4. As part of our sponsorship agreement, the company's logo will be prominently displayed on all event materials.
  5. The nonprofit organization offers different levels of sponsorship packages for businesses interested in supporting their cause.
  6. The student received a scholarship through the sponsorship program, which helped cover her educational expenses.
  7. The athlete signed a lucrative sponsorship deal with a well-known athletic brand.
  8. The music festival relies on sponsorship from various brands to cover production costs and offer affordable ticket prices.
  9. The art gallery exhibit was made possible through the financial sponsorship of a local art foundation.
  10. The university's research project received sponsorship from a national science organization.

Phrases with «sponsorship»

Sentences with «sponsorship»

  • The lack of sponsorship for women is a detriment to organizations as well as to women. (idaabbott.com)
  • Sign a better PR agent on board, and the quality of sponsorship deals with rise, they might expect better performances, but the financial rewards will be worth it. (thereticule.com)
  • The basic premise, rife with sponsorship opportunities, has remained more or less the same, but the logistical complexity has grown many times over. (fortune.com)
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See also

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