Project Sponsorship

As it is rightly said that money is not all but much for any project .So, sponsors come into picture .Simply put,
it is a company or organization or any institute that derives benefit from your project.

How to get sponsorship?
We can get the sponsorship in two ways:
1. We approach the sponsors and they provide us the project topic.
2. We have our own project topic and we approach the sponsors for sponsorship.

1. We approach the sponsors and they provide us the project topic:

• Very first task is to identify the companies that would be interested and support for the projects from the engineering students.
• After identifying the company , figure out the current technologies which are being used in the company.
• Try to get recommendation from your college which will be very beneficial for getting project from the company.
• If you have the recommendation then it is your positive side but don’t get afraid if you are not having any recommendation,
Without any recommendation you can approach to company.
• The next task is, How to contact the sponsors?
• It is the most important as well as a hard and challenging task. You can contact the sponsors through the mails
or personal meets with respective persons from the company.
• If you contact through mail then write a mail which should be viewed for understanding.
• Do not forget to attach your resume (CV) to the mail. If you are working in group then attach group resume (CV).

The resume must focus on the following things:
• Technical skills.
• Previous project experience.
• Language skills.(mostly for Comp. and IT)
• The technologies you are well aware of.
• Your area of interest.
• Last but not least mention your innovative ideas about the project.

If you are directly meeting the respective person from the company then following things should be taken care of:
• Dress formally
• Be punctual.
• Have a fluent communication.
• Explain your innovative ideas and prove you are the BEST for the project which is company is assigning you.
• While going for meeting keep your resume(CV) with you along with extra copies.

2. We have our own project topic and approach to sponsors:

• Before the companies’ information, estimate the cost of project considering hardware, software etc. required.
This should be a full fledged estimate with also a 5-10 % tolerance which proves beneficial during expansion etc.
• Next task is to identify the companies that would be interested and support for the projects from the engineering students
• Give details about the project to sponsors as regards project platform, technology to be used.
• Prove that your project is beneficial as well as different from routine and company will have profits if it investing for you.

Thus we summarize the ways to approach the company and get sponsorship for your project. After getting selected, show your sincerity and dedication towards the assigned project. Develop the project in a way which will be beneficial to the sponsors.
Successfully deal with the project to increase chances for recruitment in the company. Even if not recruited, never lose hopes.
You may get better projects in future due to your dedicated work.

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