BlueSnap-Elance Entrepreneur Development Program Finalists To Pitch For 12 Scholarships At Roundtables On June 4th & 7th

BlueSnap, a global provider of Open Commerce technology and services that maximize revenues through recurring payment solutions, today announced the scheduling of two strategy roundtables on June 4 and June 7 for the twenty finalists selected for the Entrepreneur Development Scholarship Program. Co-sponsored by Elance in cooperation with the One Million by One Million Initiative, the program was launched April 20 and the finalists selected were announced on May 22. The One Million by One Million (1M/1M) program is a global initiative with the goal of nurturing one million entrepreneurs to each reach $1 million or more in annual revenue. BlueSnap and Elance will jointly award on June 4 and June 7 twelve digital entrepreneurs scholarships to virtually attend the 1M/1M program for one year.

Anyone interested in hearing the entrepreneurs present their business pitches is encouraged to attend the roundtable sessions on June 4 and/or June 7. Further details, times, and agenda for June 4th listed here and June 7th listed here.

During the two-hour program ten finalists will be giving short business pitches at each of the two strategy roundtables and six winners will be selected from each group at the conclusion of the session. The winners will be chosen by BlueSnap CEO Hagai Tal, Elance VP of SMB Ved Sinha, and Sramana Mitra. Each winner 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, will 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.

One Million by One Million (1M/1M) is a case-study-based, online educational program that provides budding entrepreneurs methodologies, video lectures, strategy consulting through public and private online roundtables, and introductions to customers, channel partners and investors, including pre-seed, seed, angel, VC, bank and alternative financing. The program is supported by noted Silicon Valley entrepreneur, strategist and author Sramana Mitra.  BlueSnap’s mission is to help companies of all sizes overcome the hurdles inherent in implementing eCommerce platforms.  BlueSnap enables traditional and emerging companies to provide global, enterprise and consumer access to digital storehouses of content, services and products, through a wide array of traditional, subscription and emerging ownership models. Elance is the world’s leading platform for online employment, and helps businesses hire and manage in the cloud. Whether businesses require IT, marketing, administrative or creative services, Elance ensures that companies have instant access to a contingent, global and online workforce.

For More Information

BlueSnap Contact:
Charles Born
Charles.Born@bluesnap.com

Elance Contact:
Carrie Stuart
cstuart@elance.com

One Million By One Million Contact:
Maureen Kelly
maureen@sramanamitra.com