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If your developing apps for Facebook, fbFund2009 may have a pocket full of cash for you
There’s 200 million people using Facebook, and every month more than 70% of those people use Facebook apps. Yes, those can be the annoying little invitations you receive everytime you log on to your profile, I usually ignore them, but admittingly, some of them can be pretty interesting.
Facebook’s investment fund, known as the fbFund 2009, is actively seeking all sorts of really good applications that people adopt into their daily routines, from social games to, I don’t know, celebrity fan pages dedicated to Britney Spears…
Earlier this year, the fbFund was announced calling startup companies to come up with really good apps that could receive up to $100,000 in seed investments. The fbFund has also shifted gears a bit to focus specifically on developers
creating apps leveraging Facebook Connect for the Web and the iPhone.
Along with opportunity for these financial investments, the fbFund 2009 has added an incubator program. This program will be held from mid-June to late August in Silicon Valley. Selected teams will be given the opportunity to connect with Facebook engineers and executives, along with succesful entrepreneurs, angel investors and venture capitalists.
Today, the fbFund 2009 has announced its Developer Advisory Council. Here’s what it looks like:
First Round Capital (Josh Kopelman)
Stanford University (BJ Fogg, Rajeev Motwani)
Out of the 50 fbFund 2009 finalists, a handful will be given a "golden ticket," to work with the list above.
Facebook says, “We have a pocketful of cash to put to work on people and startups who are ready to make social applications and experiences explode across the web and mobile devices.”
Here's a link to the application form. The deadline is on April 20th, 2009 - just a few days away.
If you want to learn a little bit more about the Developer Advisory Council, check out their profiles on Vator, see links below.
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