As part of its official launch today, Lemonade Inc. announced that it has been approved as the first Facebook application to enable users to make money by setting up a Lemonade Stand on their personal profile pages. The Lemonade Stand application is free. It lets users design a digital Lemonade Stand that recommends products for sale and offers brand promotions. Whenever visitors respond to a promotion or buy a product, the Lemonade Stand owner makes money. Lemonade Stand owners can select from among 2 million products carried by more than 200 top-tier retailers.

In addition to Facebook, Lemonade Stand owners can add their stand as a “widget” to their social networking page, blog, or personal website. Users currently have set up Lemonade Stands on MySpace, AOL People Connect, Yahoo! 360, Blogger, and SixApart.

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