My biggest event's budget was just cut significantly, so now I need to plan to cover it with sponsorships. The last time I organized sponsorships was pre-covid (a bit more flex/inflated sponsorship budgets all around). Does anyone here have current experience with event sponsorships esp in this climate and what I can realistically budget out? Happy to hop on the phone with anyone for 15 minutes or so 🙏

Nothing specific, Allie, but it may be helpful if you created packages so it’s the big event plus 1-3 additional items for the sponsors so they can build rapport and add more value to members from NfX portfolio companies. More bang for their buck and be reasonably priced (no clue what that is though) — that’s my best advice.

I hadn't thought of that -- would definitely increase spending power if other events/opportunities in the calendar were included. thanks Joel!

Events and/or content, but yes that’s generally the idea is to build a meaningful package that’s value-add to employees at portfolio companies while giving the sponsors access & opportunities to connect and provide value 😊

I second @Joel Primack. Also, is this for a hybrid, virtual, or in-person event?

In person conference/retreat

@Allie Kerr I set up this call w VC Platform today and here are the notes!

This is great thank you @Allie Mullen !

@Allie Kerr i can jam on that ive built and closed a tonne of event sponsorships.

sweeet

just lemme know when you want to chat. we can also cover it in our meeting next week

lets do it at next week's meeting since we already have the time booked!

kk