"The Intel®+UC Berkeley Technology Entrepreneurship Challenge is where the best engineers and scientists present how they plan to make the world a better place through their innovations and entrepreneurial skills", states its website. SnipClip is one of just a few dozen teams worldwide that is invited to present their idea in mid-November at the UC Berkeley to a handful of selected venture capitalists. The Intel®+UC Berkeley Technology Entrepreneurship Challenge (IBTEC) awards $25.000 to the winner team and provides each team with contact to investors and industry experts.

103 people took the chance to vote online for their favorite startup at the Community IGNITE. Each participant could assign three points to three different startups or to one single startup. With 137 votings SnipClip is the winner of this competition round. The next round will take place at the Community Summit in Hamburg next week.

The organizer of the German Community Summit conference nominated SnipClip for the Community IGNITE award. SnipClip was awarded for its innovative community-based business model. Now the Internet users can decide which of the 11 startups should present their business idea at the Community Summit in Hamburg on 30. September to 1. October.

The German Federal Ministry of Economics and Technology awarded SnipClip for its unique and innovative business model at the IFA 2008. The award "Gründerwettbewerb. Mit Multimedia erfolgreich starten" honors young start-up companies from the media and web industry. This time 163 teams applied for the award.