UK’s Channel 4 Opens iPhone 3.0 Developer Fund For Public-Service Apps
While many rave about the cut ‘n paste and landscape keyboard functionality, UK public service broadcaster Channel 4 is thinking bigger. It’s setting aside a portion of its £50 million 4iP online development fund specifically for iPhone 3.0 SDK developers who want to create public-spirited apps serving needs in health, welfare and so on.
SEE ALSO: Bottom Line On iPhone 3.0: Mostly For Developers, Not Consumers
Inspired by the LifeScan diabetes data app previewed at last week’s 3.0 unveiling, 4iP digital commissioner Daniel Heaf, in his blog, wrote that the features wireless gaming and micropayments features in the new software could help the broadcaster invest in “‘good-for-you games’ - games that can change how we live and understand real world problems”...
So Heaf says 4iP (4 Innovation for the Public) is allocating up to £100,000 ($145,760) for investments in UK-designed apps that specifically leverage iPhone 3.0 features. It will give up to £30,000 ($43,730) per app and is hoping developers will propose games or apps that provide interfaces to physical equipment, with a particular bent toward Channel 4’s public purpose. Closing date is April 16.
Despite facing a £100 million annual budget shortfall over the next few years, Channel 4 launched 4iP along with UK regional media development funds last year to extend its public service remit in to the online realm. It’s so far invested in online social learning network School Of Everything, a soccer tweet aggregator and iPhone audio recorder AudioBoo. Unlike VC funds nowadays, the 4iP guys are upfront about the need to take risks and bet on failures in the name of public innovation. 4iP’s commitment is a drop in the ocean compared to Kleiner Perkins’ $100 million (£66 million) iFund, but the social imperatives are different.
Posted In: Money, M&A & Venture Capital, Venture Capital, Companies, Apple, iPhone, Countries, Europe, UK, channel 4
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