USD 100,000 for 1 idea
Do you have a business idea? A creative idea with a small business model? Tell Microsoft in the Ultimate Challenge (Idea Wins) contest.
The $ 100,000 prize is a dream that you can get if your idea is feasible. Unfortunately, the competition is only held within the United States. This may also be a limitation of Ultimate Challenge.
You can win the competition with a prize of up to $ 100,000 for initial funding, the cost of one year of renting Manhattan premises and the necessary infrastructure, equipment and business software. .
Microsoft said it was a contest to seek new ideas rather than promoting advertising for Microsoft Office Accouting 2007 software.
' We know there are lots of good ideas waiting for a source of capital to start growing our business, and we want to make their dreams come true, ' said Rajat Taneja, Head of Applications. and Microsoft's small business service said.
Microsoft website www.ideawins.com will start accepting applications, the idea is due on January 31, 2007. Three rounds of selection will select a final list of the highest score applications. The final vote will be publicly available on the website.
' Applications sent will be reviewed and scored according to the following factors: marketing methods, budget and financial feasibility, creative factors and community attraction. Each field will be counted as 1 value equivalent to 25 points and the total score will determine the final score of an application. The applications with the highest scores will be reviewed by the judging panel and will have a new score, one vote worth 25 points equivalent , 'Microsoft said.
More information about the market can be found here.
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