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. Last Updated: 07/27/2016

E-Business Contest

MOSCOW — The deadline for entries in the Internet Olympiad, a competition for the best Russian e-business idea, has been extended from Oct. 2 to Oct. 9 at the request of potential participants, said Victor Huaco, president of Orion Capital Advisors, part owner of Rambler Group, one of the competition’s sponsors.

Also, the stakes in the competition (www.olympiada.ru) have been raised by Sun Microsystems, which joined Rambler, Arthur Andersen and the Monitor group as a co-sponsor of the competition. Sun is adding $30,000 worth of equipment, software and expertise to a prize of $20,000 in venture capital, as well as training courses at Harvard University.

The winning business plan, which will be selected by a jury headed by Internet investment guru Esther Dyson, will be announced Dec. 1.