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Sponsorship
01
the act of supporting or financing an individual, group, event, or activity, typically in exchange for advertising, promotion, or recognition
Example
The concert series attracted sponsorship from beverage companies for promotional opportunities.
The sports team secured sponsorship from a local business to fund their uniforms and equipment.
The art exhibition showcased works by emerging artists with sponsorship from art galleries.
The charity event relied on corporate sponsorship to cover expenses and raise funds for their cause.
The marathon event offered sponsorship packages for businesses to gain exposure to participants and spectators.
