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fbFund: Now Open for Submissions!

March 16, 2009ByCat Lee

Apply now with startup entries for Web & iPhone apps using Facebook Connect

We're thrilled to see thousands of developers creating innovative, engaging, social experiences with Facebook Connect. Now, we're excited to announce support for developers with a new round of fbFund funding focused on Facebook Connect.

Recipients from the first two rounds have experienced many successes including incredible growth, partnerships and acquisition. fbFund finalist Weddingbook was recently acquired by TheKnot, Inc., and other finalists formed partnerships with prominent brands such as Pepsi, Red Bull, Amazon and Stanford University. Together, we've continued to build a great community of new entrepreneurs building on Facebook Platform.

How the selection process works:
Initially, we'll select 50 teams based on their app metrics, developer talent and potential to succeed. From those teams we'll choose a subset, offering them the opportunity to receive up to $100,000 in equity investment and an invitation to participate in an incubator program to be held later this summer in Palo Alto, CA. While in Silicon Valley, the teams will connect with Facebook engineers and executives, along with successful entrepreneurs, angel investors, and venture capitalists who can provide real-world advice, insight and perspectives to help the teams build successful startups.

We encourage any team or company to apply as long as they have not received any formal venture funding. We invite you to learn more and apply on the fbFund Page. Check out our resources on the Facebook Developer site to help you get started.

We're accepting applications now through April 20, 2009. We look forward to funding the next group of talented entrepreneurs making the world more open and social!

About fbFund
fbFund is a $10 million seed fund managed by Founders Fund, Accel Partners, and Facebook.