BlackBerry $150 Million App Development Fund 
May 13th, 2008
BlackBerry announced a new fund to encourage mobile applicationand development.
Research In Motion (RIM) (TSX: RIM; NASDAQ: RIMM), RBC (RY: TSX; RY: NYSE) and Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN), today announced plans to launch the BlackBerry® Partners Fund, a US$150 million venture capital fund, to invest in mobile applications and services for the BlackBerry® platform and other mobile platforms. The Fund is to be co-managed by JLA Ventures and RBC Venture Partners.
Agnostic to both stage and balance sheet, the BlackBerry Partners Fund will not restrict the development of mobile applications and services to any single mobile platform or any specific industry segment. The Fund will be designed to advance the industry by fostering development and driving the entrepreneurial spirit to create the most innovative mobile offerings for customers.
There’s not much more than that. The have official site with a link to the press release and an email address. I sent them a message about a cool project we’re working on here but haven’t heard anything yet.
[Update] Rick from JLA (VC involved in the fund) they will support biz plans focused on any mobile platform and they are getting a lot interest, 845 msgs to date! I’m stoked Rick’s blogging about this, it just went from a weird big co blank page plus press release shutting me out to a human on the inside with a blog talking to me.
Entries (RSS)