Not All Funding is Created Equal
Institutional
Support/
Local Grants
Project
Partnerships
Entrepreneurial
Ventures
Barriers to Fundraising
• Lack of Sustainable Funding Ventures
– “No more bake sales!”
– Institutional funding depends on many
variables
• Unaware of Funding Opportunities
– Enactus Project Partnerships and Topic
Competitions
– Business Advisory Board sponsorships, grants,
etc.
• Little to No Institutional Support
• Campus Dynamics
– “We’re a small/large campus!”
Seeing Sustainable Funding
How can we empower other entrepreneurs if we
aren’t ready to think entrepreneurially ourselves?
Do you see just
another mini
fridge?
Or $70 per year for
your Enactus
team?
Seeing Sustainable Funding
• Be ready to compromise
– stay positive and
pragmatic!
• Think “Win-Win”!
• Remember: fundraising
activities are seldom
your flagship projects
Project Partnerships & Topic Competition
• These programs offer grants and/or prize money to
help your team implement powerful projects
• Enjoy great exposure to some potential employers
and build recognition in your community
• Project Partnerships launch every fall and allow you
to engage your stakeholder the rest of the year!
• Topic Competitions can earn you some prize money
for next year’s endeavors
Project Partnerships
Uncap Opportunities for
Women- Supported by
The Coca-Cola
Foundation
AB InBev
Better
World
More
information
coming soon!
Sam’s Club
Step Up for
Small
Business
Walmart Women’s
Economic Empowerment
Topic Competition
Care Enables Progress Topic Competition
Sponsored by Johnson & Johnson Family
of Consumer Companies
Institutional Support
• Most campuses are looking for ways to:
– engage their local community
– empower students with experiential learning
– see graduates find decent jobs
– and gain notoriety among the academic
community.
• Tracking quality metrics can fortify your
bargaining position!
• Remember: make the ask, but this is your
backup plan…
Institutional Support
ENCOURAGE THEM TO BE INVOLVED!
– Be part of Business Advisory Board
– Invitation to meetings
– Travel to competition and leadership conferences
Sample Budget
To keep track of your
project income and
expenses check out our
sample budget and
Fundraising Best Practice
Guides on the Enactus
United States website!
Partnering with Organizations
INTERNAL
– Other campus
clubs/teams
– College departments
EXTERNAL
– Non-Profits & for
Profit organizations
– Local businesses
Partnering with Organizations
GENERATE A PROPOSAL
– See the Team Fundraising Best Practice Guide
for more info
– Focus on the metrics, the return on
investment, and outcomes
– Be persistent, timely, and realistic