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Pitch Now: Intel Awarding Young Entrepreneurs With $100K For Whizbang Business Ideas

January 13, 2012 /

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Intel knows a thing or two about technology and innovation. Hey, that’s why they hired Will.i.am as "director of creative innovation". (Wink.) Really, in the same way that it’s catalyzed change in the computing industry (and helped bring modern microprocessing to life), in December Intel launched a platform designed to give young entrepreneurs the opportunity to bring their own innovative ideas to life.

It’s a platform built on top of Intel’s Facebook community that allows young entrepreneurs (specifically, 18 to 24-year-olds) in the U.S. to share their business ideas, grow a fanbase, and receive realtime feedback. Second, it’s essentially a pop-up accelerator — a program that offers $100,000 each month to the best ideas to come out of its Facebook community.

Rip Empson

Full Story: http://techcrunch.com/2012/01/12/pitch-now-intel-awarding-young-entrepreneurs-with-100k-for-whizbang-business-ideas/