From the folks working on the Dryside Velodrome project in Colorado(http://drysidevelodrome.wordpress.com/):
"Our entry into the Pepsi Refresh project has been approved and voting has started! We are in the running for a $50k grant to build the track and develop the racing and youth programs. Everybody can vote once a day every day for the entire month of December. Help us out by voting every day and telling everybody you know to do the same. Social media will help us out immensely. Cover twitter, Facebook, blogs, everything you can think of with new of the Dryside Velodrome Project and we may have a chance at this thing.
For all of us, this is a great opportunity to have a direct effect on creating a brand new velodrome, so head over to the Pepsi site and vote for the project.