After last year’s success, Shopify has announced its second annual Build-A-Business contest, which will run from May 1st to December 31st 2011. The company kick starts business entrepreneurs by helping them build online retail shops to sell their products. With increased prize money, support from industry experts Seth Godin, Gary Vaynerchuk and Tim Ferriss, and sponsors including Google and Paypal, Shopify hopes to attract a large amount of new clients into using its system.
The online store with the highest grossing two months will win the Grand Prize. It’s owners will receive $100,000 cash, a VIP trip to New York for lunch with Seth Godin, a one-hour power session with Gary Vaynerchuk, a trip to Google Headquarters to chat with Google experts, and a dinner with Tim Ferriss. Tobi Lütke, Shopify’s co-founder and CEO, stated:
The prize money is significant, but don’t forget the spirit of the contest: to give a kick in the pants to all those people who have wanted to start businesses but haven’t. The real prize is having a business of your own at the end of the contest.