{"id":35342,"date":"2023-10-20T14:37:59","date_gmt":"2023-10-20T14:37:59","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/amazon-launches-start-up-challenge-startupsmart\/"},"modified":"2023-10-20T14:37:59","modified_gmt":"2023-10-20T14:37:59","slug":"amazon-launches-start-up-challenge-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/amazon-launches-start-up-challenge-startupsmart\/","title":{"rendered":"Amazon launches Start-up Challenge &#8211; StartupSmart"},"content":{"rendered":"<p>Cloud computing platform Amazon Web Services has launched its annual Start-up Challenge, inviting start-ups to compete for prizes worth up to $100,000.   <span id=\"more-3433\"><\/span> <\/p>\n<p>\u00a0<\/p>\n<p>Amazon Web Services is a collection of remote computing services that together make up a cloud computing platform, offered over the internet by retailing giant Amazon.com.<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"http:\/\/aws.amazon.com\/startupchallenge\" target=\"_blank\" rel=\"noopener\">AWS has called for entries<\/a> to its fifth annual AWS Start-up Challenge, aimed at start-ups built on the AWS cloud computing platform.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cThis year, we will select 15 regional semi-finalists [from around the world] who will each receive $2,500 in AWS credits,\u201d a spokesperson says.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cFrom these, we will select a minimum of six finalists to be awarded a package of $10,000 in AWS credits and a trip to Palo Alto, California, to attend the final round of judging.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>\u201cThen, after a day of meetings with our judges, we will announce one grand prize winner at a public event for start-ups and investors. The winner will receive a package that includes $50,000 in cash and $50,000 in AWS credits.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>The winner will also receive AWS support services and technical mentorship, in addition to a possible investment offer from Amazon.<\/p>\n<p>\u00a0<\/p>\n<p>Entrants must use the cloud computing solutions offered by AWS, such as Amazon Elastic Cloud Compute or Amazon Simple Storage Service.<\/p>\n<p>\u00a0<\/p>\n<p>Eligible contestants must have generated no more than $10 million in annual revenue and no more than $10 million in outside funding.<\/p>\n<p>\u00a0<\/p>\n<p>Entries will be judged on their implementation of AWS solutions, originality and creativity, likelihood of long-term success and scalability, and how well the business addresses a need in the marketplace.<\/p>\n<p>\u00a0<\/p>\n<p>At the final event in November, finalists will present their businesses to a panel of AWS executives, venture capitalists and industry leaders.<\/p>\n<p>\u00a0<\/p>\n<p>Last year, Australian start-up <a href=\"planning\/2011-04-05\/data-mining-start-up-kaggle-launches-$us3.3m-competition.html\" title=\"Kaggle - Start-up Challenge semi-finalist\">Kaggle<\/a> was announced as a semi-finalist of the Start-up Challenge. Kaggle was founded just over a year ago by Anthony Goldbloom and Jeremy Howard.<\/p>\n<p>\u00a0<\/p>\n<p>It provides statistical and analytical outsourcing, describing itself as the leading platform for data modelling and prediction competitions.<\/p>\n<p>\u00a0<\/p>\n<p>AWS vice president Adam Selipsky says the AWS community is seeing \u201chotbeds of innovation\u201d emerging throughout the world.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cAWS has levelled the playing field as smaller companies gain the resources to compete in ways that were very expensive and often cost-prohibitive in the past,\u201d he says.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cAWS allows customers to pay only for the resources they use with no up-front investment, enabling entrepreneurs to put their ideas to work as quickly as their businesses scale.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>Entries close on October 2.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloud computing platform Amazon Web Services has launched its annual Start-up Challenge, inviting start-ups to compete for prizes worth up<\/p>\n","protected":false},"author":2,"featured_media":62260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/35342"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=35342"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/35342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62260"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=35342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=35342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=35342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}