AppFund inviting proposals for funding.
iPhone developers like ngmoco and Booyah have benefited from investment from Kleiner Perkins' iFund in recent times. Now there's an equivalent seed fund for iPad developers.
In fact, AppFund is targeting startups developing applications for all tablets, not just Apple's.
It's the work of CNET and E! Online co-founder Kevin Wendle, and MusicNation and Original Signal co-founder Daniel Klaus.
The company wants developers to start submiting proposals now to participate in its first round of funding later this summer.
AppFund will make investments between $5,000 and $500,000, depending on the complexity and potential popularity of submitted applications.
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"We believe that the iPad is a revolutionary device with the ability to transform everything from the way consumers experience content, media and social networking to the way businesses can use applications to revolutionize their operations," says a statement from its founders.
"The possibilities for this device given its size and functionality could eclipse the application market for the smaller iPhone. A whole new category of developers and entrepreneurs is going to emerge around the iPad and build applications that can be even more interactive and dynamic."
You can submit written proposals to submissions@appfund.net now.
