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What's a sponsorship commitment?
After successfully securing sponsorship for your event, you’ll want to lock in your sponsor’s commitment, making sure you have the funding and support you need. Whether this includes only basic expenses for the event itself, or offsetting the costs of promotions, prize giveaways, or more, a sponsorship commitment spells out the specifics so that your sponsor knows exactly what terms and conditions they are committing to, and you know you’ll have the money to create the best event possible.
Here's the info you'll need to have handy to complete your doc:
Who the organizer is
Have their name and contact info ready for potential sponsors.
Know the name of the event and be able to describe it for interested sponsorship applicants.
The structure of sponsorships
Include the submission details and method(s), financials minimums, the levels or amounts, and the benefits of sponsoring.
Prepare to state the deadlines for applications, payments, and promotional materials such as logos.