Md. Humayun Kabir
It is crucial to build strong relationships with donors and other agencies to enhance fundraising efforts. The following strategies can help cultivate and maintain these relationships effectively:
NGO can build donor relationships by showcasing capabilities and alignment with donor priorities through following strategies:
NGO may identify from donors’ mapping that some institutional donors have interest for non-financial partnership for technical cooperation and strategic support in its country program. NGO should share its core competency and Nish area of its program and express willingness to build non-financial partnership which will add value in addressing issues where both parties have common interests. To build non-financial partnership/collaboration, NGO should initiate for
Building partnerships with academic institutions is a key strategy for fundraising, as it enhances organizational credibility and influence in funding opportunities. NGOs should research universities engaged in similar programs, focusing on skills and human resource development. One approach is to offer scholarships to top-performing students in diploma courses for post-graduate degrees at these universities, starting with Asian University in Bangladesh. This partnership can lead to joint initiatives like research and specialized courses, leveraging the university’s academic strengths and the NGO’s experience in skills development. The collaboration should also extend to human resource development, focusing on education, employment creation, and job placement. NGOs should pursue relationships with universities that share these common interests and goals for effective partnerships.
Reputable NGOs like BRAC and Dhaka Ahsania Mission are not competitors but complementary organizations working in different thematic areas. Partnering with these organizations provides opportunities to learn, exchange experiences, and build consortia for approaching institutional donors for large funding. Benefits of partnerships with peer organizations include sharing past experiences, exchanging core competencies, identifying common platforms for collaboration, and formulating consortia to access large funds. It is essential for NGOs to work together in order to achieve greater impact and address complex challenges effectively.
Building strong relationships with corporate donors is essential for successful fundraising. Here are strategies to achieve this:
Bangladesh is making strides towards becoming a middle-income country, with a significant demographic dividend of about 31% young people who can contribute to its progress if equipped with the right skills. The government has emphasized skills development in its strategy papers, presenting an opportunity for NGOs specializing in this area. To build partnerships with government agencies, steps should be taken such as conducting research on potential agencies, developing a mapping of opportunities, creating a task force for communication, preparing customized information packs and presentations, organizing meetings and workshops, and following up on project proposals. By engaging with government agencies and aligning with their procedures, NGOs can leverage this opportunity to contribute to Bangladesh’s development as a middle-income country.
Building and maintaining relationships is essential in fundraising. This includes initial contact with potential donors, securing funds, managing grants, and renewing relationships. Collaborating with other organizations, communicating effectively, and engaging in value-adding activities like sharing materials, attending events, and organizing joint efforts can strengthen relationships. Regular communication, seeking feedback, and investing in technology can further enhance fundraising impact.
The article was written by Md. Humayun Kabir, an Independent Consultant, and Director, Creative Services Limited. Email: humayun@cslbd71.com
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