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Amazon Web Services Start Up Challenge

Amazon have launched their third annual AWS Start-Up Challenge.

They're looking for the most promising start-ups that can grow into significant, meaningful, and lasting companies, leveraging AWS to build their infrastructure and business. Start-ups in the United States, the United Kingdom, Germany, and Israel are encouraged to apply for a chance to win $50,000 in cash, $50,000 in AWS credits, mentoring sessions from AWS technical experts, and AWS Premium Support Gold for one year.

To enter, tell them about your existing company or your start-up idea by completing the online application by August 26, 2009. The judges will review all applications and choose 5 finalists based on the following criteria: originality and creativity of the idea, likelihood of long-term success and scalability, how well it addresses a need in the marketplace, implementation of payments functionality, quality of presentation, and implementation of AWS infrastructure services and/or other paid services.

The Final Event
In October, the finalists will be announced and they will post a video of each finalist on aws.amazon.com where the community can vote for their favorite start-up as they prepare for the final judging round.

For the final event, AWS will fly each of the finalists to San Jose, CA, USA to present their idea to a judges panel of AWS executives. That evening, finalists will pitch their business to a live audience and a panel of leaders from the venture capital community then the grand prize winner will be announced.


Reap the Rewards
The grand prize winner will receive $50,000 in cash, $50,000 in AWS service credits, mentoring sessions from AWS technical experts, and AWS Premium Support Gold for one year. The grand prize winner may also receive a possible investment offer from Amazon. All runner-up finalists will receive $5,000 in AWS service credits and all finalists will be included in various promotional activities.

Plus, all eligible entrants completing the application form will receive $25 in AWS service credits.


Amazon Payments - New Bonus Award for 2009
The AWS Start-Up Challenge finalist with the most creative monetization model using Amazon Flexible Payments Service (FPS) or Simple Pay from Amazon Payments will receive $5,000 in cash and $5,000 in Amazon Payments credits. Also, all finalists using these payment services will receive $2,500 in Amazon Payments credits and will be included in various promotional activities.

See the website or click the link below for all Rules and Regulations. 

www.aws.amazon.com/startupchallenge

Remember the closing date for entries is the 26th August 2009!

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