Sponsor vs Partner: What is the difference?
Startup Grind events let local sponsors get in front of hundreds of potential customers, and their support will allow your events to grow in size and prestige.
Sponsors are small, medium or large companies able to make financial contributions to your chapter. Typically, anywhere from $250 to $1000 per month toward making your event a success.
They contribute real dollars/cash to your event, and 20% of this is kept by HQ to pay for the systems to run your events.
Partners make in-kind contributions like catering, audio-visual support, press and venue support.
They also lend credibility to the event and allow you to invest in improving your local chapter.
**You may not list someone as a SPONSOR unless they are paying you money. If they are providing an exchange only then they must be listed as a PARTNER.**
Sponsors/Partners who want to market to entrepreneurs are typically:
- Business-to-business technology firms
- Legal service providers
- Venture capitalists
- Co-working spaces
Most chapters aim to bring in an average of $500 to $2,500 per event (or local currency equivalent) from a few high quality sponsors. We have templates available to help you present the opportunity to potential sponsors, but building the relationship and closing the agreement will be up to you.