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Tips on How to Secure Financial Assistance / Sponsorship

We thank you for your interest in the Boulder Digital MFT program, and hope that the following information will be helpful to you. Many of the Boulder MFT participants attend the program with partial or full sponsorship assistance from their organization or an external support source. This is something that you and / or your organization will need to research and arrange directly, and we have put together some ideas and resources to guide you.

Here are some ideas on how you may go about finding funding to attend the program:

1) Your Organization / Employer:

  • Ask your Supervisor, CEO, Board of Directors if they will sponsor you.
  • Talk to the HR department or the person in charge of training at your organizations to find out if there is a training, staff development, or capacity building budget. Sometimes there are funds specifically designated for training, and it’s very important to ask well in advance.
  • If you are working on a specific project, you may ask the project director or manager if there are project-specific training budgets that could be used for the Boulder MFT program.
  • Depending on the fiscal year, it may not be too late to advocate for the inclusion of your sponsorship in your organization’s training budget.

2) External Sponsors:

  • Talk to your supervisor to see if there may be existing relationships with external collaborators (ie. donors, investors, NGOs, businesses, government organizations, etc.) that may be willing to fund your participation in the program.
  • Contact different external organizations yourself and ask them if they have any funding or grants available, and / or if they know of other organizations that might be able to help.
  • You can ask relevant government institutions to see if there may be grants specifically focused on training or capacity building that you could apply for through your organization or independently.
  • You may be able to find funding organizations that have a specific focus area that fits with the work you do. For example, a focus on women, children, rural issues, indigenous peoples, policy, savings, microinsurance, etc. If your work is related to their focus area and you explain how it fits in with their mission, you may be able to get some support.
  • Talk to colleagues and friends who have attended the Boulder MFT program or other training programs, and ask them how they were able to fund their participation. They may have some good ideas or strategic relationships that they could share with you, and they may even be able to refer you.
  • Contact the network organization in your country or region, and ask them for ideas and resources.
  • You can research different organizations on the following websites:

For your budget planning, you can refer to these sample budgets, click here

We wish you the best of luck in finding the necessary support for the program, and we hope that you will be able to join us. We will post any additional information that becomes available.

If you have any questions, don’t hesitate to contact us at
info@bouldermicrofinance.org

Boulder Institute of Microfinance

120 E Washington Street Suite 325
Syracuse, New York 13202, USA
+1 (315) 760-3091

info@bouldermicrofinance.org

Boulder Institute