$50,000 For Best Business Idea

September 17, 2007 by Rich | 0 Comments
In Competition, Ideas, Startup


Entrepreneur:

Starting a new business is never simple. From the technological issues to funding, entrepreneurs face hundreds of potential headaches as they try to get their startups off the ground.

Amazon is hoping to alleviate those headaches for one lucky entrepreneur with its “Amazon Web Services Start-Up Challenge.”

The contest is aimed at startups and software developers who may need online-software services to launch their company. Through Amazon’s Web Services, entrepreneurs can rent those services, such as data centers and servers, to save money during the early stages of business.

The entrepreneur with the most original and promising business venture will win a cash prize of $50,000, along with $50,000 in Amazon Web Services credits, mentoring services and a financing offer from Amazon.

To enter, you must submit an online application by October 28. From there, five finalists will be chosen and announced in November, when Amazon community members will vote for their favorite startup.

Photo by Amazon.

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