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I am going to do engineering
You can go to the website of the companies which you want to approach for the sponsorship and then call them on the number and tell your idea for the event. The other option is to go to a website "sponsormyevent" and register yourself and publish your event their.
Into my opinion, you need to make an online research and look for websites where people represent their projects and look for sponsors. Fortunately, today there are sites like KickStarter where people can represent their projects and get funding for them. Thus, you have to represent your idea in the best way possible to get money for the university. Kelly from http://britonwriters.co.uk/