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(1) This policy sets out how University funds may be used for outgoing sponsorships so as to maximise opportunities and benefits to the University. (2) This policy applies to all: (3) This policy does not apply to sponsorships, gifts or bequests to the University, which are covered in the Gift Acceptance Policy. (4) For the purposes of this policy, Sponsorship means the provision of a financial payment or in-kind support by the University to an outside body, corporate or otherwise, in return for an identified benefit or value, tangible or intangible in accordance with the University’s strategic objectives. (5) The University views its sponsorships as strategic commercial investments in a partnership that has shared vision, supports the strategic objectives of the University, and has potential for mutual benefit and impact. (6) Sponsorships provide a foundation from which to amplify engagement by the University for maximum mutual benefit. The underlying objective of all sponsorships is that they deliver a return on investment benefitting the University directly through one or more of the following areas to: (7) All sponsorship arrangements are managed in strict accordance with the University's Code of Conduct, and specifically the requirements relating to Conflicts of Interest. (8) Sponsorship is an expression of the University’s culture of giving and can take a variety of forms, including: (9) The University does not normally sponsor: (10) The University considers sponsorship of the following kinds of activity, pending the criteria and requirements for return on investment being met: (11) The Sponsorship Evaluation Tool allows an initial assessment of the suitability of a sponsorship proposal. These arrangements are commercial ventures and therefore require a designated return on investment and appropriate accountability for that return being realised. (12) A sponsorship proposal should address core/overarching criteria, such as: (13) The Office of Engagement will: (14) Heads of Work Units (and other staff with financial delegations) will: (15) Where disputes arise regarding sponsorship arrangements, the Vice President (Future Students and Outreach) is the final decision maker. (16) Breaches of this policy are to be reported to the relevant Executive Member.Outgoing Sponsorship Policy
Section 1 - Purpose and Scope
Scope
Section 2 - Definitions
Section 3 - Policy Statement
Types of Sponsorship
Guiding Principles
Top of PageSection 4 - Sponsorship Criteria
Top of PageSection 5 - Roles and Responsibilities
The Office of Engagement
Heads of Work Units
Disputes and Policy Breaches
Section 6 - Associated Documents