RIM, RBC and Thomson Reuters announce a $150 million BlackBerry Partners Fund
By Dusan Belic on Monday, May 12th, 2008 at 2:03 AM PST In Announcements, RIM (Research in Motion)
Google (NSDQ: GOOG) has a $10 million contest for Android developers, Apple (NSDQ: AAPL) the iFund and RIM has just announced a $150 million BlackBerry (NSDQ: RIMM) Partners Fund along with RBC, Thomson Reuters, and several private Canadian investors.
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.
Ok, even though they say they won’t restrict development to any single mobile platform, it’s kinda obvious which platform they wanna see advancing. Guess, that means interested entrepreneurs will naturally be able to expand to other mobile platforms as well. Or that’s just me reading too much between lines.
Two press releases are available, from here and here. Official website is set on BlackberryPartnersFund.com.
