Intel launches $ 100 million investment fund for app developers

Intel has opened its window to app-developers from around the world with a $100-million funding program that will help developers create new businesses and turn their ideas to reality. 

The Intel Capital AppUp(SM) Developer Fund is a $100-million-dollar venture capital investment in companies producing infrastructure, middleware, innovative applications, and digital content for connected devices.

The funding will be invested globally over two to three years in early and mid-to-late stage equity deals.

The program is designed to provide developers with everything they need from software development support, application validation and a worldwide distribution channel to create applications and then sell them to millions of users using Intel’s Atom processor-based devices.

While, the investments will cover multiple technologies and devices, it will focus mostly on cross-platform technologies, such as HTML5, as well as experiences designed specifically for Ultrabook.

To submit an application for business evaluation click on the following link https://www.intelportfolio.com/portco/fund/proposal.aspx