Google announced a $10 million dollars prize to the winners of the Android Developer Challenge. Interested participants have to submit their ideas to the Challenge I contest between January 2 and March 3, 2008, and the 50 most promising entries will be recognized by end of March with each receiving $25,000 awards to fund further development.

These 50 entries will then be eligible for even greater recognition by applying by May 1, 2008 for ten awards worth $275,000 each and another ten worth $100,000 each. Recognition for the top Android applications among those entries will be announced by end of May 2008.

Challenge II will launch after the first handsets built on the platform become available in the second half of 2008. Interested developers should:
1. Download the SDK at http://code.google.com/android/download.html
2. Build a great app.
3. Submit an application between January 2 and March 3, 2008.

For more information, please visit http://code.google.com/android/adc.html