The 1M/1M New Year Challenge 2013 is in full swing and the application deadline of December 20 is fast approaching. Through this competition, twenty entrepreneurs will have the opportunity to compete for twelve scholarships to the 1M/1M program – worth $1,000 each – by pitching their startup businesses during the 1M/1M online roundtable mentoring sessions on January 10 and January 17, 2013. To apply for this opportunity, entrepreneurs need to complete the application process here by December 20. They then need to have at least 50 of their Facebook friends to vote for them here by January 3, 2013. Finalists will be notified by January 7, 2013, and instructed on preparing their presentations for the January 10 and 17 finals. All entrepreneurs are encouraged to apply, good luck!