RIM announcing $150M “iFund” at WES?

WES is right around the corner, and more info is beginning to trickle in by the hour. We were first told about this a couple days ago, but it seemed too unlike RIM to be true. After multiple independent confirmations, we’re comfortable telling you that RIM is set to announce a $150M fund which will aide developers in coding applications for the BlackBerry platform. You might remember that Apple did this with a $100M "iFund" a little while back. Our only question is, no matter how much money you throw at the developers, will they really develop applications without an upgraded SDK and actual APIs? (Way more APIs than what is available now.) Maybe RIM is going to explore on just that as well. Now, can someone tell me what the hell is going on please? I feel fine, but my dog just told me that I’m taking crazy pills.

10 Responses to “RIM announcing $150M “iFund” at WES?”

  1. 1
    PDiddy says:

    Wow seems interesting maybe we will some incredible new applications out for the blackberry in the upcoming months and years.

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  2. 2
    MobileRoar says:

    I like how Android stirred up the competitive juices. Apple, Blackberry and Android are all trying to outdo eachother which leads to greater options for consumers.

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  3. 3
    inc says:

    I like tat pic with soo much bling. Very nice

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  4. 4
    E says:

    Come on are you serious? This is really going to start getting good now….Ok Steve….your move

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  5. 5
    BlogReader says:

    What’s your source on the $150M size? Other blogs?

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  6. 6
    F says:

    Now I wonder if Nokia will wake up and start stimulating Symbian development…….probably not.

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    Sith says:

    About BlackBerry Partners Fund
    The BlackBerry Partners Fund is a $150 million venture capital fund being formed to focus on applications and services for the BlackBerry platform and other mobile platforms, including mobile commerce (payments, advertising, retailing and banking), vertical and horizontal enterprise applications, communications, social networking, location-based services (navigation and mapping), media and entertainment, and lifestyle and personal productivity applications. The Fund will consider all stages of development and is being co-managed by JLA Ventures and RBC Ventures Partners. To sign up to receive further information visit: http://www.blackberrypartnersfund.com.

    also there

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  9. 9
    digital504 says:

    That picture has $207 million in it, It would be great if RIM spent that much…

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    Jorge says:

    I’d say that’s about $205,600,000 dollars, €200,000 euros and $157,000 pesos.

    That’s money found in a house in Mexico City which supposedly comes from the sale of metamphetamines in the US.

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