It's very hard to actually get money from sponsorships at this level. Most sponsors for collegiate teams only provide discounts on merchandise and service. Ways to make money: 1.Get lots of people to join your team and charge dues to gain access to any sponsorship discounts you can get. 2.fund raiser event/race to make money. It will be tough. Talk to your local shops to see what kind of deals they can get you. Don't expect anyone to throw money at you even if you get good. UC Davis has won Collegiate Nationals several times and we still struggle with funding.