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Sponsorship

usgb/ˈspɑːnsərʃɪp/Volume
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Event SupportPlay
Sponsorship often refers to financial or material aid for events like marathons or festivals. SlideThe music festival's sponsorship helped fund the stage setup.
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Cause PromotionPlay
It can highlight a company's values by supporting a relevant cause, like environmental conservation. SlideAcme Corp's sponsorship of the river cleanup boosted their eco-friendly image.
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Mutual BenefitsPlay
Sponsors usually benefit through advertising, while the recipients receive financial support. SlideThrough event sponsorship, the brand gained significant exposure.