Sponsor
Definition
A Sponsor is an individual, corporation, or organization that provides financial support, resources, or expertise to a startup, often in exchange for equity, promotional opportunities, or strategic benefits.
Benefits
A sponsor provides financial support or resources to a startup in exchange for equity or strategic benefits.
Frequently Asked Questions
What is a sponsor in an organization? A sponsor is a person or entity that provides support, funding, or resources for a project, often playing a guiding role.
What is a sponsor in business terms? A sponsor in business is an individual or organization that provides financial backing, resources, or support to a project or event.
What is a sponsor in entrepreneurship? A sponsor in entrepreneurship is someone who provides financial support and resources, often helping to drive the success of a startup.
Summary
A sponsor provides financial or strategic support to a startup in return for equity or other advantages.