How to Raise Funds for a Project

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Fund raising is an important part of any large project. Even if you finance a project yourself, those funds had to come from somewhere. There are many ways to raise funds for a project. Some ways may be more effective or relevant, depending on the kind of project you are trying to raise funds for. Besides the immediate benefits, fund raising is a worthwhile and marketable skill.

Direct Solicitation

  • Put on your shoes and get ready to walk.

  • Visit people who are likely to support your venture first. These may be people with similar interests, or even friends and family.

  • Be polite when asking people for their support. Also, remember that you are not asking for their money for yourself; it is for your project.

Running an Event

  • Decide on the type of event you would like to host. Some people host walks, bake sales, garage sales or car washes.

  • Staff your event. People who are aligned to your cause or have a vested interest in your project succeeding can often be convinced to work for free or for very little (pizza and beer).

  • Run your event. Remember to be polite to your attendees. This is a good time to remind them that the purpose of your event is not to line your pockets. Reminding people that their money is serving a greater purpose usually inspires generosity.

References

  • Photo Credit Jupiterimages/Creatas/Getty Images
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