BlueSnap and Elance will be awarding 12 entrepreneurs launching or expanding digital commerce ventures scholarships to virtually attend the 1M/1M program for one year. BlueSnap will assist the scholarship recipients in establishing their online business presence on BlueSnap’s Plimus platform, enabling them to begin selling and implementing the lessons learned with the expert guidance of BlueSnap. In addition, Elance, the world’s leading platform for online employment, will provide Elance service credits to help them hire and manage online professionals in the cloud.
The deadline for entrepreneur scholarship applications is May 11, 2012. Applicants must have a concept or existing business providing a digital commerce product or service that offers any of a wide variety of digital goods including audio and video content, software, casual games and subscription access to publications and services. Click here to find application instructions.
On May 18, twenty (20) finalists will be selected to present their company pitches, with guidance from 1M/1M, during two public online Roundtables for Entrepreneurs on June 4 and June 7. The twelve winners will be chosen at the end of the sessions and each will receive a yearlong scholarship to the 1M/1M program, access to BlueSnap commerce experts who will help establish the winners’ online presence when ready, and Elance service credits to help them hire and manage online professionals in the cloud. Existing commerce ventures, if chosen, would work with BlueSnap experts to implement BlueSnap technologies for their monetization platform. Winners will be profiled on both the BlueSnap and 1M/1M websites after the roundtable.