Changes

*'''Funding:''' The endowment provides a total of $200,000 annually in seed funding.

<li>Each year, 10 to 15 teams will be granted $5,000 to $20,000 to subsidize expenses for developing their new venture. Money granted could be used for such things as market research, building a prototype, and legal fees</li>

</ul>

*'''Office Space:''' Winning teams are awarded office space at '''''SkySong''''', located in South Scottsdale, through their award year.

<li>The '''''SkySong''''' facility provides a professional setting for early stage entrepreneurs to develop their ventures and also to interact and learn from peer entrepreneurs, local, and international businesses</li>

</ul>

*'''Training and Coaching:''' Throughout the award year teams participate in a series of workshops with guest speakers that include successful entrepreneurs and professionals with relevant expertise

<li>Team members are offered entrepreneurial training courses at '''''SkySong''''' and/or nonprofit training courses by ASU’s '''''Center for Nonprofit Leadership and Management'''''. Teams are also provided ongoing entrepreneurial coaching by Edson staff.</li>

</ul>

'''The Performing Arts Venture Experience (P.A.V.E)''' paves the way to the future of the arts by investing in student innovation and creativity, supporting arts entrepreneurship education and undertaking entrepreneurial activities. Funded by a generous grant by the '''''Kauffman Foundation''''', there are four major components of P.A.V.E:

'''10,000 Solutions''' is a place to showcase and collect innovative ideas that solve local and global challenges. ASU views this project as an experiment that leverages the power of collaborative wisdom to create a solutions bank. The 10,000 Solutions Project explores what can be accomplished when passionate people join a community that works together to build upon each other’s innovative ideas and create change.