I wasn't selected either. Our idea was Market Research compilers for scripting surveys and data processing. It's not directly a web related application and maybe the market is too niche and too small, but I'm sure I can create a subscription based business out of it. Prototypes of the compilers are hosted here http://sourceforge.net/projects/xtcc . Over the last month I've been working on Ramen profitability. I'm developing a tool that allows you to develop a web application using create table statements in about 20 minutes. It's hosted here http://github.com/neilxdsouza/codehelper.git and is coming along nicely. I will use it to take on some typical ERP-like projects for small companies where the big players feel the money is too small to pitch for ( like USD 1000 dollar projects)