Changes

The MPowered Entrepreneurship student organization is aimed at achieving an entrepreneurial mindset and to bring students together to be a part of something different. It has been a great way create innovation and entrepreneurship on both campuses as it instills a sense of pride on campus and in the students selected as winners. It has a large impact on the student body around the time of the competition and students all over campus take pride in wearing "1KP" shirts, which also aids in promoting the organization and competition. 1KP places "Pitch Stations" to give out merchandise to students who have previsouly entered or need information on how to pitch, which works great as source of information. This competition is a great way to network as well as it is fun to see all of the different videos. Currently, the pitches are being submitted and the goal is to reach over 4500 pitches (remember each person can only pitch 3 times).

<u>Business model competition:</u>

•Business *<u></u>Business model - does it suit consumer needs?*Process and validation*Tool students use*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

•Polish entrepreneurial ideas *<u></u>&nbsp;30 seconds to have a successful process3 minutes to pitch an idea*&nbsp;Best pitch wins $1,000*&nbsp;8 categories (winner per category)*&nbsp;Help create innovation on campus in Pen state, University of Michigan (local, not international)

1,000 pitches<u>Engineers Without Borders:</u>

•2 - 3 minutes to pitch an idea •Best pitch wins $1k •Help create innovation on campus in Pen state, University of Michigan (local, not international) •8 categories - $1k each November 8     Engineers Without Borders:   •Manage *Manage international engineering projects - worldwide impact •Relationships *Relationships with other cultures •Create *Create engineering designs •Lead *Lead and follow through with their designs •manage *manage an organization - finances, fundraising, and relationships with faculty and donors •Get *Get away from crunching numbers at a desk and work on real live projects •5 *5 year project commitment

Working on getting pictures since the videos are not able to be posted or i have not figured out how to get them posted. This seems to have a great positive impact on the U of M campus, it is still early in the Penn State version of this endeavor. The U of M has over 700 students in its MPowered Group as well as signing up new members each semester.&nbsp;&nbsp;It has a large impact on the student body around the time of the competition and students all over campus take pride in wearing "1KP" shirts, which also aids in promoting the organization and competition. 1KP places "Pitch Stations" to give out merchandise to students who have previsouly entered or need information on how to pitch, which works great as source of information.&nbsp;