The team will consist of 2 people, 2 liaisons (probably from Edenred's software development teams) who may or may not be coders, and 11 observers who may have s

The team will consist of 2 people, 2 liaisons (probably from Edenred's software development teams) who may or may not be coders, and 11 observers who may have some input into the process - that is how I read it. The top prize is simply far too low. I can get that at a random hackathon locally. The real prize is getting an enterprise deal done with Edenred to implement the product. Insist on retaining all IP rights to everything, which is normally the case for all hackathons. If they balk, mention that Salesforce hackathon participants get to keep their IP. That's about as high profile as it gets. Having won enterprise software events in the past (eBay/PayPal and Ford), I can tell you that they open very interesting doors if your objective is to sell enterprise software. Other than that, it's probably going to be 1-4 people coding and 11 people taking notes and participating in Group 2 and Group 3 portions of the project. The team will be overstaffed on marketing and sales side, which could be interesting. I would probably do it to lay the foundation to sell them something after the event. Background: My team won a Ford event, they sponsored our trip to Vegas, paid for a 5-star hotel at a bargain rate of $350/night, gave us CES Exhibitor badges and some spending money. So that's somewhat similar experience. No regrets, I got lots of business opportunities as a result of this and the red badge was a magnet for press. :)