
"'The Big App' initiative will, over the next few months, whittle down Europe's finest developers to a mere 10 finalists who will each deliver a Dragon's Den-like pitch at Facebook's London headquarters on 17 November. Competitors will be chosen based on their creativity and the success of their apps with a pot of £350,000, crowdsourced by Seedrs, to be shared among the winners. Facebook officials will judge the entries using their expertise in mobile to reward those bringing the next generation of digital service to the market now."
""We're very excited to help power the search for Europe's next young entrepreneurs. The Big App Fund is a great opportunity for entrants looking for the funding and mentorship they need to get off the ground. Fostering innovation on mobile is central to Facebook's role in helping businesses of all sizes grow and be successful and so we're really happy to lend the programme our full support. For the investors, the fund represents a very attractive opportunity as the competition is the ultimate filtering process.""
Facebook and Seedrs launched an eleven-week competition called The Big App to identify and reward Europe's top mobile app developers. The contest will reduce entrants to ten finalists who will pitch at Facebook's London headquarters on 17 November. Winners will share a £350,000 fund raised on Seedrs, with selection based on creativity and app success. Facebook officials will judge entries using mobile expertise, reflecting that 90% of the site's global audience access Facebook daily via mobile devices. The initiative aims to foster mobile innovation, provide funding and mentorship, and offer investors a curated pool of opportunities.
Read at The Drum
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