An appropriate tagline should be offered
Desired Color Scheme:
Color scheme is open, however Web 2.0 Colors (Orange, Lime, Blue, etc...)are prefered.
Web 2.0 sites nearly always feel open and friendly and often use small chunks of large type. The colors are bright and cheery Â— lots of blue, orange, and lime green.
Accepted File Formats:
eps, jpeg high resolution, psd
You might want to review an overview of Web 2.0 logos at Fontshop.com. They have an archived file that does a great job of explaining Web 2.0 Logos if you are not familiar.