Stevens' Innovation Expo, also referred to as "Senior Design Day" or simply "D-Day" by students, is an annual event at the end of the spring semester to feature capstone projects from undergraduate seniors of all schools and majors. Capstone projects are a two-semester term, culminating the undergraduate "design spine" taken each semester. The day of activities is also marked by the Project Plan Pitch and Elevator Pitch Competition in which students are judged on presentation of their idea and feasibility; many competitors spin-out companies and business ventures from their projects. The panel of judges typically consists of entrepreneurs, CEOs and venture capitalists.