I would like a price for a Digg clone, but think Digg Lite. I would like (registered) users to be able to sign in and then submit stories, either by typing them in, or by linking to a blog entry. They will need a headline, article and article summary. other registered users can sign in and vote on the articles, raising or lowering them on the front page.
This will be for educational stories, and technology education stories more specifically.
I have a small (personal) budget for this, but the successful programmer, if they provide a good job, will be retained on a 50% of advertising income (I would like google ads to be shown with articles to non-registered users).
The site will need to be well optimised, but I will supply all necesary graphics and will heavily promote its use within the UK and US outskirts.