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*Adapt and change canvas - constantly evolving business model
*Polish entrepreneurial ideas to have a successful process
*1st place gets $25,000, (28 awards available)
*Well-funded
= Impact Achieved For Students and Campus =
MPowered Entrepreneurship and 1000 Pitches have a very positive impact on the University of Michigan campus. In just their first semester (Fall 2007), MPowered held its own career fair, secured a community of over 700 students and built strong relationships with supporting faculty, alumni, and business leaders([http://1000pitches.com/content/about http://1000pitches.com/content/about])<span style="font-size: 12px">. University of Michigan's MPowered Entrepreneurship student group is continually signing up new members each semester. It also has a large impact on the student body around the week of the competition. Students all over campus take pride in wearing "1KP" shirts, which also aids in promoting the organization and competition. 1KP places "Pitch Stations" across campus to give out merchandies to students who have previously entered or need information on how to pitch, which works great as a source of information. The 1000 Pitches event is still in the early stages for Penn State.</span>
= Notes About How the Event is Accomplished. =
The event occurs over the duration of one semester and restarts in the fall of each academic year. The competition trains student judges, typically about 22 per competition, and each student will judge pitches as they are submitted throughout the week. Each student judge has a quota of 150 per week. From this process, each pitch will actually be judged three times before the finale. The summit is where the top 200 pitches come together for a large social gathering and from there the sponsors of 1KP will choose the winners for each of the categories.
= Contact Information =