Changes

This will be a challenge designed to counter the typical one-off nature of traditional buisness competions and pitches that focus on how well an idea is presented at one point in time. Wise speakers at NCIIA warned us about the dangers of extoling a singular idea instead of the people or process, and honestly , we see that play out when the winners of business competitions are more incentivised to dress-up and an idea than to propel it forward. In order to shift these expectations, we propose to design a competition that measures the fearlessness and reckless abandon of true entrepreneurs on a mission- the tenacity to start scrappy, shoot high, ; allow onesself oneself to fail in a productive way, in which they are able to use it experientially to propel themselves further forward; : true GRIT! We are experimenting with the idea of shaping the challenge into 1 -month segments, starting with a low opperational operational budget of $10 and incrementally increasing amounts of award money for those able to stay in the rounds. This also teaches an important lesson in establishing credibility for those starting with next -to -nothing, through incrementally growing steps and the quantification of sucess to show to possible investors/supporters.