The Entrepreneur Challenge, a collaborative competition to discover tomorrow’s best innovative ideas and startups, officially begins today. The endpoint of this contest is to connect online startups and investors easily.

Powered by spigit, the only platform that combines prediction markets, social networking, bulletin boards, a reputation system, and staffing capabilities, this contest invites online entrepreneurs to share their ideas, business plans, leadership teams, and network with investors worldwide.

“Spigit’s Entrepreneur Challenge is the first online platform competition that will truly give an insider’s view on the funding process. The capabilities of outsiders, insiders and experts to engage in discussion and push one company ahead of another is the true meaning of Web 2.0 technology at work,” said Adam Hirsch, Mashable Community & Marketing Director

This prestigious and life-changing contest is backed by major big companies like Keiretsu Forum Socal, Sun Microsystems, Southwest Airlines, Killer Startups, Lithespeed, LaunchSquad, and Mashable.

The top 6 startups will have access to many opportunities not commonly available to ordinary startups. Keiretsu will allow them to pitch their plans to the angel investment community, Sun to provide hardware, travel courtesy of Southwest, and strong online exposure from Mashable, a popular social networking news site.

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