Google's Race to the Moon

Internet giants back contests for entrepreneurs; Obama reaches out to small-biz owners on LinkedIn; advice on raising investment funds; and more

Sponsored Contests for Entrepreneurs

Two Internet giants are waving sizable cash prizes in two very different contests. The Amazon (AMZN) Startup Challenge is definitely the easier one, requiring startups to propose a business based on Amazon Web Services—development tools for building secure online storefronts and scalable infrastructure. Amazon offers the winner $50,000 cash and $50,000 in services.

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