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Open your phonebook and call all your local tech business and hardware stores, one by one. Say you're $500 away from your goal. Even if you get $25 from a business, you only need 20 of those to make the fee.
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Calling works. My team has recieved several sponsorships this year by calling local companies. Also do not limit yourself to local businesses call wherever you think you could have a chance. Our team (students make the call only) calls the executives of companies, most of whom are out of state and has had surprisingly good luck with them. The reason for students to call is that it gives more credibility to the team because most kids are not going to go and try to scam a big company. Another reason is that it gives the appearence that this program is something that the students really want and they are obviously hoping to get something out of it.
Our mentor always tells us that if you do not ask you will never get anything.
It is probably too late to undertake a major sponsor-getting campaign but it is worth a try and $500 is not that difficult an amount to raise through sponsorships.
My team raises money mostly from seeking sponsorships so I do not have any real suggestions about fundraising (as in holding fundraisers).
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Who should we talk to there?
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Talk to the person in charge of the school. They are essentially the executive and as such they are the most likely to say yes. The reason being that they really do not have a boss who they can blame for not letting them sponsor you.
Hope this helps,
-Garret Smalley