Ecommerce

Large companies recognize the enormous marketing and profit potential from encouraging adoption of their web services and APIs by developers. Smart ones, are not leaving such adoptions to chance, and working to sweeten the pot.

Amazon recently announced prizes valued at upto USD $100,000 (and an amazon investment opportunity) to winning developers exploiting their web services/API (see Amazon Web Services Start-Up Challenge contest).

Adobe, another smart technology company, has venture fund money for third-party software start-ups to help promote its software development platforms.

Update:  Facebook apps receive a new funding source: fbFund.  This is in addition, to Bay Partners interest in funding Facebook apps. Details at Techcrunch.

This entry was posted on Wednesday, September 12th, 2007 at 10:19 am and is filed under Business and Internet. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.