BizSugar.com › Technology › How Can Startups Reduce Capital Expenses? Cloud Computing?

Cloud computing is the perfect way for a startup to launch a new service without having to purchase a single piece of hardware or enter into a long-term contract with a data center. Startups can now drastically cut costs and time to market.

With the 2008 AWS Start-Up Challenge, Amazon Web Services (AWS) is searching for the next hot start-up that is leveraging AWS to build its infrastructure and business. The grand prize is $100,000 in cash and AWS credits and a potential investment offer from Amazon.