Bof, what a waste of time.... they could simply give the money to developers of the mighty Dosbox, ZSNES, ScummVM, Gens, MESS, MAME, Model 2 Emulator and so on and they could have the job done just now. Or just engage them into the matter.
This is a short-sighted approach to something that has already had the time to develop and flourish within on-line communities.
A waste of time, and a waste of money, imho.
Agreed. The one useful thing they could do is port other emulators to the MESS/MAME architecture to create a single backend that would only have to be ported once for every new platform.