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Amazon Web Services, Amazon's service that gives developers access to Amazon's technology platform with pay-as-you-go pricing, is launching something called the Amazon Web Services Start-Up Challenge - a contest for the best web startup.
The winner will receive $50.000 cash and additional $50.000 in Amazon Web Services credits, as well as mentoring sessions from an AWS technical expert, and - last but not least - an investment offer from Amazon. Four second-place winners will receive $5.000 in AWS credits, and everyone that qualifies will receive $25 in AWS credits.