Facebook Launches fbFund
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At the Techcrunch 40 event today, Mark Zuckerberg announced a new Facebook fund for applications in partnership with Accel and Founders Fund. According to Techcrunch, “the size of the fund will be $10 million with anywhere between $25 to $250 thousand in grants available for each selected startup dedicated to developing Facebook applications.” This is pretty big. Have any great ideas?
You will be able to start submitting them to Facebook in the near future.