Don't quite have the budget to host your own event? 3 ways to cut costs and maximise rewards!

Hosting a fundraising event can be expensive, but there are smart ways to reduce costs while still making a big impact. Here are three effective strategies to stretch your budget and boost your event’s success.

1. Partner with a Local Charity to Share Costs & Effort

Teaming up with another charity can help split expenses and lighten the workload, especially when it comes to participant recruitment. Reach out to organisations in your area to suggest co-hosting an event.

For example, if you’re planning a twin-line abseil, you could each take one line or alternate hosting on different days. This way, both charities benefit from increased participation while keeping costs manageable.

2. Engage Corporate Sponsors to Help Fund Your Event

Many businesses have Corporate Social Responsibility (CSR) programs and are open to supporting charitable events. Approach local companies and ask if they can contribute. This could be through financial sponsorship, covering participant costs, or donating food, drinks, or incentives for fundraisers.

Building these partnerships not only helps reduce expenses but also strengthens community ties and increases your event’s visibility.

3. Ensure Costs Are Covered with Fundraising Goals & Donations

Setting a minimum fundraising target for participants ensures your event generates funds while covering essential costs. We recommend a £250 fundraising goal, an achievable amount that many participants exceed, with some raising over £1,000!

Additionally, ask participants to make a donation to secure their place. This small upfront contribution helps maximise the overall funds raised for your cause.

By implementing these cost-saving strategies, you can host a successful fundraising event without exceeding your budget. Collaboration, sponsorships, and smart fundraising goals ensure that more of the funds raised go directly to your cause, maximising rewards and making a bigger impact where it matters most.

Reach out today to discuss pricing with our team - we may have another client in your local area, and could suggest a collaboration!

Alternatively, we host our own multi-charity event - The Big Bang Abseil - which requires minimal planning or investment from you. Learn more here!