{"id":353,"date":"2006-10-03T22:35:43","date_gmt":"2006-10-04T03:35:43","guid":{"rendered":"http:\/\/www.spaceelevatorblog.com\/?p=353"},"modified":"2006-11-04T00:54:40","modified_gmt":"2006-11-04T05:54:40","slug":"spaceward-foundation-announces-4000000-in-prize-money","status":"publish","type":"post","link":"https:\/\/www.spaceelevatorblog.com\/?p=353","title":{"rendered":"Spaceward Foundation announces $4,000,000 in Prize Money!"},"content":{"rendered":"<p><img decoding=\"async\"  src=\"\/media\/spacewardfoundationlogo.jpg\" class=\"alignleft\" \/>The latest from the <a href=\"http:\/\/www.spaceward.org\">Spaceward Foundation<\/a>:<\/p>\n<p><font size=\"2\"><font size=\"2\"><em>Hello Folks.<\/em><\/font><\/font><font size=\"2\"><font size=\"2\" \/><font size=\"2\"><font size=\"2\"><em>It took till now, but we&#8217;ve finally been given permission to share with you a bit of very good news.<\/em><\/font><\/font><font size=\"2\"><font size=\"2\"><em>NASA&#8217;s Centennial Challenges program has increased its commitment to our project, and we now have a total of $4,000,000 in prize purse to disburse over the next 5 years. Yes, that&#8217;s right &#8211; 10 times the purse we&#8217;ve had so far, and a solid commitment through 2010 &#8211; two things which will enable us to take our program to the next level.<\/em><\/font><\/font><font size=\"2\"><font size=\"2\"><em>To make the most efficient and prudent use of these funds, we will follow an escalating prize purse strategy &#8211; this year&#8217;s prize purse will remain $200,000 per each of our two competitions, increasing to $300,000 in 2007, and so on, until we reach $600,000 in 2010. Any unwon prizes (and we do not intend to have a winner every year &#8211; that will mean we have made it too easy!) will automatically roll over to the following year.<\/em><em>Still, the same catch that applied last year will continue to apply in the years to come &#8211; NASA provides us with the prize money, but not with operating funds. In order to bring our operations to a level that matches the prize purse, we need to get commercial sponsorship.<\/em><\/font><\/font><\/font><font size=\"2\"><font size=\"2\"><font size=\"2\"><em>We&#8217;re therefore asking you, our fan base, to act as our ambassadors. We have started a phenomenon that spawns the nation and the globe. This year&#8217;s games are an order of magnitude larger than last year&#8217;s, and we have every opportunity to take the 2007 games literally through the roof &#8211; but it all depends on how well we perform this year, both technically and commercially.<\/em><\/p>\n<p><em>As we mentioned in the last email, we posted a list at <\/em><a href=\"http:\/\/www.elevator2010.org\/site\/sponsorshipXP.html\"><u><font color=\"#0000ff\" size=\"2\"><em>http:\/\/www.elevator2010.org\/site\/sponsorshipXP.html<\/em><\/font><\/u><\/a><font size=\"2\"><em> of sponsorship options we offer this year. This is your chance to make a difference. If you are a marketing executive &#8211; please consider them. If you know anyone in a position to make such decisions &#8211; go and get them! (If you are shy about approaching them &#8211; contact us &#8211; we&#8217;ll make the call!)<\/em><\/font><font size=\"2\"><em>Our contact information is elevator2010 AT spaceward.org, or call us directly at 650-793-4987.\u00a0 <\/em><\/font><font size=\"2\"><em>We hope to see as many of you as possible at Las Cruces on the 20th!<\/em><\/font><\/p>\n<p><font size=\"2\"><em>Sincerely,<font size=\"+0\"><font size=\"2\"><font size=\"2\"><em>The Spaceward crew <\/em><\/font><\/font><\/font><\/em><\/font><\/p>\n<p><\/font><\/font><\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest from the Spaceward Foundation: Hello Folks.It took till now, but we&#8217;ve finally been given permission to share with you a bit of very good news.NASA&#8217;s Centennial Challenges program has increased its commitment to our project, and we now have a total of $4,000,000 in prize purse to disburse over the next 5 years. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,4],"tags":[],"class_list":["post-353","post","type-post","status-publish","format-standard","hentry","category-news-announcements","category-spaceelevatorcompetitions"],"_links":{"self":[{"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=\/wp\/v2\/posts\/353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=353"}],"version-history":[{"count":0,"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=\/wp\/v2\/posts\/353\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spaceelevatorblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}