The Summer of Code is Google’s program designed to introduce students to the world of Open Source Software Development.
This Summer, don’t let your programming skills lie fallow…Use them for the greater good of Open Source Software and computer science! Google will provide a $4500 award to each student who successfully completes an open source project by the end of the Summer. (payment details can be found in FAQ)
By pairing applicants up with the proven wisdom and experience of established prominent open source organizations (listed below), we hope to make great software happen. If you can’t come up with a great idea to submit, a number of our organizations have made idea lists available.
Check out the link and FAQ’s for your doubts.
How many developers does Google expect to take part in the program?
Ans: We have allocated enough funds for up to 200 participants in the program.
Apart from that i dont think 10000 participant are going to qualify for the prize money even if they participate..
By the way they have increased the number of participating organization allowing one to have even more choices..