Startups: apply to pitch at Forbes’ $400K ‘Pressure Cooker’ [Links Roundup]

Apply for the Forbes’ 30 Under 30 $400,000 “Pressure Cooker” (See right sidebar) [Forbes]: Oct. 21 in Philadelphia: “The Forbes Under 30 Summit includes ‘The $400,000 Pressure Cooker,’ a Shark-Tank style competition for entrepreneurs as judged by some of the best investors in America, including Revolution’s Steve Case and Forbes Media President & CEO Mike Perlis, a former venture capitalist at Softbank. Participants in the Under 30 Summit, who are drawn mostly from Forbes’ 30 Under 30 list, and Philadelphia entrepreneurs under 30 will have the chance to win a $125,000 equity investment in their startup from Steve Case and Forbes, and $275,000 in free Forbes advertising and other services. At least one of the five spots available in “The $400,000 Pressure Cooker” competition will be awarded to a Philadelphian. Villanova School of Business Professor Stephen Andriole is leading the screening committee.”

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Neighborhood data center draws smaller firms to the cloud [Philadelphia Inquirer]: “Cloud computing, in which companies move key services out of their office servers to outside locations run by Google and other giant tech providers, isn’t just consolidating business computing in the hands of specialists. It’s also creating more demand for local data centers to handle rapid connections among smaller businesses and more complex service networks, says Keao Caindec, a 1991 Wharton grad who was back in Philadelphia recently, making his rounds as chief marketing officer for 365 Data Centers, which operates cloud services centers in Philadelphia and 16 other tech markets far from Silicon Valley.”