Best Practices for Engaging the Private Sector
In the 21st century, our sector and our partners fund programs with private sources. Indeed, many NGOs now raise the vast majority of their funding from individual donations, private foundations, corporations, and multi-stakeholder partnerships, even as they continue their partnerships with the U.S. government.
To help NGO executives successfully navigate this new landscape, InterAction launched the Leadership Development Series in 2015. This new training and education initiative was developed in collaboration with our private sector partners and built upon the longstanding work of the Business Council.
To help NGO executives successfully navigate this new landscape, InterAction launched the Leadership Development Series in 2015.
The series provides custom-designed, hands-on education experiences to equip NGO professionals with the skills needed to successfully plan and execute sustainable, operational, and culturally-appropriate solutions that address issues of inequality around the globe.
High-level participants took part in intensive two-day trainings with our private sector partners, such as Accenture and Dalberg. With Accenture, they explored what to look for in potential private sector partners and how to make the right pitch for their organization. The Dalberg workshop focused on Innovative Financing for Development (IFfD) and its potential for our sector through case studies, practicums, and face-to-face coaching. In their feedback, participants said that they appreciated the practicality and relevance of the sessions, and the found the interactive approach helpful. They also mentioned the high quality of the presentation materials and said that overall, the sessions provided them with a good overview of broader perspectives.
InterAction hopes these trainings will call attention to the resources flowing to emerging markets and developing countries and offer a unique opportunity for NGOs to engage the private sector in bridging the gap between the developed and developing world.
Photo: Stephen Elliot