sponsor

US /ˈspɑːn.sɚ/
UK /ˈspɑːn.sɚ/
"sponsor" picture
1.

an individual or organization that provides funds for a project or activity carried out by another, in particular for a sporting or artistic event

:
The company is a major sponsor of the local charity run.
We are looking for a new sponsor for our sports team.
2.

a person who introduces and supports a proposal for a new law

:
The senator is the chief sponsor of the new education bill.
She acted as a sponsor for the immigration petition.
1.

to provide funds for a project or activity

:
Many companies sponsor local sports teams.
The event was sponsored by a major tech firm.
2.

to propose a new law or bill

:
Senator Davis plans to sponsor legislation on climate change.
The bill was sponsored by a bipartisan group of representatives.